SuperTrend is one of the most common ATR based trailing stop indicators. In this version you can change the ATR calculation method from the settings. Default method is RMA, when the alternative method is SMA. The indicator is easy to use and gives an accurate reading about an ongoing trend. It is constructed with two parameters, namely period and multiplier....
Plots the dynamic range from the calculated Average True Range of the security. The calculated price that it could return to from high to low and vice versa. Has been tested on multiple time frames on NSE equity stocks.
ADR based price targets with option to hide past levels..
This is Keltner Channelz (KC) with Zero Lag Moving Average (ZLMA as base). It is smoother and has less lag than the original (EMA/SMA) variant. It also can be used as a trend indicator and trend confirmation indicator. The upper and lower bands are green if it is an up trend, and red if a down trend. If both have the same color it is a stronger trend.
Little tool to quickly identify stops and take-profit levels based on Average True Range. User can change ATR multipiers, as well as the ATR length used. Green and red lines show these levels; plot is visible over last 8 bars only to reduce clutter. Label showing the current ATR, up above the last bar
This Script comes straight from PivotBoss Masterclass. Script calculates compression and expansion of prices. ADR is calulated for user defined period and it is compared over 10 period. If the prices goes over 125% of average ADRin the look back period then current price is over expanded and reversal is in the corner. When Prices falls below 65% of average ADR...
UT Bot indicator was initially developer by @Yo_adriiiiaan The idea of original code belongs @HPotter These are v4 alerts for my previously published strategy: Original script:
The Cryptohopper ATR analyses the volatility of the asset. When the market is rather ranging, the volatility remains low and the ATR line decreases . However, when the market starts moving quickly in one direction, doesn’t matter if it’s up or down, the ATR will start rising. It can be a very good indicator to spot when the big investors are entering the...
With this indicator you can gauge the price volatility of an instrument across multiple timeframes in a very compact visualization. It allows you to find critically low areas of volatility and predict the likelihood of an imminent move or the conclusion of a move. While you can do this with other indicators, it is often easy to miss low volatility on timeframes...
- Volatility Indicator - Replacement for ATR - As each pair holds a different level of volatility, a stop loss can be set using this indicator rather than via a ratio 2:1, etc. e.g. 2 X Volatility Value = S/L... - This indicator averages the bodies of candlesticks over a default length of 14 periods. It also considers the length of shadows via a weighted average....
ATR Threshold Measure in short gives an alert when price closes below or above the ATR threshold lines shown on the chart. Each plot for upper and lower threshold is based on the difference in price between the open and close of the last consecutive candle sequence then divided by the number of ATRs set by the indicator to verify if price has indeed closed above...
Simple script based on ATR to calculate your Take Profit and Stop Loss Input variables: ATR Period ( Default: 14 ) TP Multiplier ( Default: 1*ATR ) SL Multiplier ( Default: 1.5*ATR )
Many traders use ATR as a way to determine stop loss placement. It usually works like this: - Stop loss for a short trade = high of last candle + ATR value - Stop loss for a long trade = low of last candle – ATR value This is an indicator that allows you to do just that: it gives you an easy way to view current and historical volatility using ATR-based price...
The old adage goes "Cut losers fast and let the winners run" With this in mind, this will plot a dynamic trailing stop by subtracting any multiplier of the Average True Range (ATR) from the SMA of your choice.
Hello traders, That one is an experiment I was curious to see what a supertrend based on moving average cross could give How does it work? Bull event: fast moving average crossing over the slow moving average Bear event: fast moving average crossing under the slow moving average When the event is triggered, the script will plot the Supertrend as follow UP...
Hello traders Today I present you a Supertrend not based on candle close but based on a CCI (Commodity Channel Index) How does it work? Bull event: CCI crossing over the 0 line Bear event: CCI crossing below the 0 line When the event is triggered, the script will plot the Supertrend as follow UP Trend = High + ATR * Factor DOWN Trend = Low - ATR *...
ATR measures volatility, but you can't compare one instrument vs. another with it because the ATR value will be different depending on the price of the instrument. I went searching for something like ATR but with percentages, so you could compare one stock vs. another to find who is more volatile and found this . It was exactly what I was looking for, so...