OPEN-SOURCE SCRIPT
Double Median ATR Bands | MisinkoMaster

The Double Median ATR Bands is a version of the SuperTrend that is designed to be smoother, more accurate while maintaining a good speed by combining the HMA smoothing technique and the median source.
How does it work?
Very simple!
1. Get user defined inputs:
=> Set them up however you want, for the result you want!
2. Calculate the Median of the source and the ATR
=> Very simple
3. Smooth the median with √length (for example if median length = 9, it would be smoothed over the length of 3 since 3x3 = 9)
4. Add ATR bands like so:
Upper = median + (atr*multiplier)
Lower = median - (atr*multiplier)
Trend Logic:
Source crossing over the upper band = uptrend
Source crossing below the lower band = downtrend
Enjoy G´s!
How does it work?
Very simple!
1. Get user defined inputs:
=> Set them up however you want, for the result you want!
2. Calculate the Median of the source and the ATR
=> Very simple
3. Smooth the median with √length (for example if median length = 9, it would be smoothed over the length of 3 since 3x3 = 9)
4. Add ATR bands like so:
Upper = median + (atr*multiplier)
Lower = median - (atr*multiplier)
Trend Logic:
Source crossing over the upper band = uptrend
Source crossing below the lower band = downtrend
Enjoy G´s!
開源腳本
本著TradingView的真正精神,此腳本的創建者將其開源,以便交易者可以查看和驗證其功能。向作者致敬!雖然您可以免費使用它,但請記住,重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
開源腳本
本著TradingView的真正精神,此腳本的創建者將其開源,以便交易者可以查看和驗證其功能。向作者致敬!雖然您可以免費使用它,但請記住,重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。