ATR Bands [NeoButane]

2018年8月8日

ATR bands, smoothed with exponential moving averages.

The difference between this and other ATR bands is that high and low are used as the source for top and bottom band, resulting in more accurate ATRs. It is also calculated in log-space to aid in making the bands more "springy" when it comes to extremely volatile assets or very low timeframes.

See here for an upgraded version:

2018年9月26日

發行說明

- Added option to not use a moving average to get the real value for stop loss

2020年3月26日

發行說明

Added alert conditions for the labels. Defaulted EMA smoothing to true.

2021年1月17日

發行說明

Added additional bands that are off by default. These bands do not have alerts nor shapes attached to them, so I have turned "Show Labels When Price Closes Out of Bands" off for default to prevent confusion.