INVITE-ONLY SCRIPT
Fincandle Momentum ATR Tracker
Description (Compliant for Invite-Only Vendor Script)
The Fincandle Momentum ATR Tracker is a dynamic momentum-based strategy that combines price action with the Average True Range (ATR) to identify high-probability trend shifts.
It works by tracking an adaptive ATR trailing line that adjusts with market volatility. When price crosses this trailing line, it signals potential momentum reversals and dynamically switches between long and short positions.
Key Concepts:
ATR-based Trailing Logic: Adapts to volatility, allowing the stop line to follow price action smoothly.
Momentum Confirmation: Crossovers between price and the trailing line identify early trend reversals.
Dynamic Targets: Uses ATR multiples for both stop-loss and take-profit placement, maintaining consistent risk-reward profiles.
Clean Visuals: Buy/Sell markers and colored bars highlight current bias at a glance.
How Traders Use It:
As a trend-following system to stay aligned with dominant market direction.
As a volatility filter to avoid false breakouts during choppy conditions.
This strategy is best suited for traders who prefer objective, volatility-adaptive momentum tracking rather than fixed indicator levels.
Disclaimer:
This tool is designed for educational and analytical use only. Past results or chart examples do not guarantee future outcomes. Trading involves risk; use appropriate position sizing and risk control.
🟨 Author’s Instructions (Required Vendor Field)
To request access to this invite-only script, please contact me privately on TradingView or through the link in my profile signature.
Access is granted only upon explicit request — please do not request access in the comments section.
For additional documentation or support, visit my official Fincandle resources linked in my profile signature.
🟧 Release Notes Example (for updates)
Version 1.1 – Update:
• Improved trailing logic to reduce early signal reversals.
• Added adjustable Take Profit multiplier.
• Enhanced label readability on dark charts.
The Fincandle Momentum ATR Tracker is a dynamic momentum-based strategy that combines price action with the Average True Range (ATR) to identify high-probability trend shifts.
It works by tracking an adaptive ATR trailing line that adjusts with market volatility. When price crosses this trailing line, it signals potential momentum reversals and dynamically switches between long and short positions.
Key Concepts:
ATR-based Trailing Logic: Adapts to volatility, allowing the stop line to follow price action smoothly.
Momentum Confirmation: Crossovers between price and the trailing line identify early trend reversals.
Dynamic Targets: Uses ATR multiples for both stop-loss and take-profit placement, maintaining consistent risk-reward profiles.
Clean Visuals: Buy/Sell markers and colored bars highlight current bias at a glance.
How Traders Use It:
As a trend-following system to stay aligned with dominant market direction.
As a volatility filter to avoid false breakouts during choppy conditions.
This strategy is best suited for traders who prefer objective, volatility-adaptive momentum tracking rather than fixed indicator levels.
Disclaimer:
This tool is designed for educational and analytical use only. Past results or chart examples do not guarantee future outcomes. Trading involves risk; use appropriate position sizing and risk control.
🟨 Author’s Instructions (Required Vendor Field)
To request access to this invite-only script, please contact me privately on TradingView or through the link in my profile signature.
Access is granted only upon explicit request — please do not request access in the comments section.
For additional documentation or support, visit my official Fincandle resources linked in my profile signature.
🟧 Release Notes Example (for updates)
Version 1.1 – Update:
• Improved trailing logic to reduce early signal reversals.
• Added adjustable Take Profit multiplier.
• Enhanced label readability on dark charts.
僅限邀請腳本
只有經作者批准的使用者才能訪問此腳本。您需要申請並獲得使用權限。該權限通常在付款後授予。如欲了解更多詳情，請依照以下作者的說明操作，或直接聯絡fincandle。
除非您完全信任其作者並了解腳本的工作原理，否則TradingView不建議您付費或使用腳本。您也可以在我們的社群腳本中找到免費的開源替代方案。
作者的說明
To request access to the Fincandle Momentum ATR Tracker, please contact me via TradingView private message.
Access is granted manually to verified users.
For more details, you can also visit the link provided in my Signature.
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。
僅限邀請腳本
只有經作者批准的使用者才能訪問此腳本。您需要申請並獲得使用權限。該權限通常在付款後授予。如欲了解更多詳情，請依照以下作者的說明操作，或直接聯絡fincandle。
除非您完全信任其作者並了解腳本的工作原理，否則TradingView不建議您付費或使用腳本。您也可以在我們的社群腳本中找到免費的開源替代方案。
作者的說明
To request access to the Fincandle Momentum ATR Tracker, please contact me via TradingView private message.
Access is granted manually to verified users.
For more details, you can also visit the link provided in my Signature.
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。