Definition: By ADAM HAYES from Investopedia -- Updated Jul 8, 2019 The average true range (ATR) is a technical analysis indicator that measures market volatility by decomposing the entire range of an asset price for that period. Specifically, ATR is a measure of volatility introduced by market technician J. Welles Wilder Jr. in his book, "New Concepts in...
***Use at your own risk*** ***This is for testing and education only*** I suggest that you also manually add the RSI(5,3,3) on your main chart for analysis. You can change the settings, but these are the defaults: Default Main Timeframe = Daily Default Secondary TimeFrame = Weekly (use around 5X your main timeframe, to check the longer term trend) Default...
Hello there. This Script prints multiple Entries based on Price Action and ATR. Can be used on all timeframes. Kind regrads
This is a normal Supertrend indicator which redesign and translate for Chinese. 这是一个通用的超级趋势(Supertrend)指标。 本脚本的目的在于帮助使用中文的人了解该指标,特别是其用法。同时将该指标代码添加完整的中文注释,方便使用中文的人学习Pine语言。 超级趋势指标(SuperTrend)是最常见的基于ATR的指标之一。 本指标的特色 相对于标准的超级趋势指标,在此版本中,你可以从设置中更改ATR计算方法。ATR的默认计算方式是采用RMA(RSI中使用的移动平均线,称之为指数加权移动平均线),本版本中可以使用SMA来替代计算ATR。 默认设置项为勾选状态,即ATR的计算方式为标准的RMA。 指标可调节参数...
Custom indicator that helps me with bounce plays. This indicator plots lines based on ATR; a line is added at every 25% of an ATR. The shaded columns at the beginning of the day are time based bounce zones; stocks that bounce, typically do so within those zones.
Trailing stop loss indicator to determine when to exit a position. Multiple trailing stop loss calculation techniques are implemented: ATR: Determines stop loss using a gap from recent highest value, that gap is defined by the ATR value and a multiplier MA: Just a simple moving average used as a stop-loss Percentage: Uses a percentage of the price The...
This indicator is a variation of a chandelier volatility stop using an average true range. The indicator draws a green support line in an uptrend and a red resistance line in a downtrend. The signals normally should be used as exit triggers.
HG Scalpius - ATR Up/Down Tick Highlight This indicator highlights ATR(14) upticks (green) and downticks (red) and has the below application: - If a new trend closing high (low) is made on a downtick in ATR, decreasing volatility mode turns on If you come across or think of any other useful scripts for the HG Scalpius system please comment below! Links to 2...
作品: 11種自適應性平滑模型 It integrates eleven kinds of adaptive moving average method. At first, I just wanted to make a ATR. Later, the price series ±N*ATR mult, to form two series. Then use the concept of support/resistance breakthrough to design it, and then two adaptive series formation channels were formed. Take the average of the two series as the signal. When...
Lifted description from web: Hikkake means to trap, trick, or ensnare. Primarily, this price pattern seeks to identify inside bar breakouts and profit from their failures. An inside bar is a price bar that is entirely within the range of the preceding price bar. Inside bars are typical on price charts of most timeframes. While you’ll often find inside bars in...
price action strategy for intraday trading based on candle vs wick length ratio
@Colinmck used two different ranges to generate signals. Read his release notes to find out what the original script does. I added one condition which seems to increase performance on 15m BTCUSD as well as 1h BTCUSD and that is ATR with 32 periods being smaller than ATR with 64 periods. I used my script Volatility Optimiser to discover this tendency. Both...
This is a configurable Keltner Channel type indicator with an overridable ATR length.
This is the Daily ATR Indicator that convert the ATR value into pips. This script support the pair that contain JPY. And show the 10% value of ATR in pips.
This indicator shows the ATR range on the daily or any other timeframe on your current chart. All settings are fully customize-able.
Indacator shows price range calculated as previous closing price +/- ATR * multiplier Setup options: multiplier, average type (RMA, EMA,SMA,WMA), Source and number of point to average Индикатор показывает диапазон цен рассчитанный как цена предыдущего закрытия +/- ATR * множитель Настраивается : Множитель, тип усреднения (RMA, EMA,SMA,WMA), Источник и Длина усреднения
You can monitor the stop loss level according to ATR in 2 ways (Long/Short).