This script defines an average true range where extreme events are filtered out. Extreme events are those bars with a true range larger than 3*sigma+average, where average and standard deviation are estimated from the last 200 bars. In this way the ATR is not altered by exceptional events (e.g. the flash crash of Jan 3rd 2019) and can still be used safely for...
1. SL_TP Script is a script for closing and profit of FastTrade_Script, DayTrade_Script, More_FastTrade_Script. 2. The high and low sections of moving Fibonacci are displayed. period can be changed. 3. Fractal High_Low line is applied. 4. Moving S & R band is different from bollingerBands. MA and ATR are applied. It is easy to understand support and...
This indicator uses Fibonacci Support/Resistance Channels, weighted with Market Volatility(ATR) to determine Trend Momentum and Strength. It has two components: the Histograms and the strength line: - The histogram gives information about the momentum behind moves and current trend. If Histogram is positive the market is currently in an UpTrend, the height of the...
This indicator estimates price volatility and it is based on ATR only. The advantage of this indicator is that it can be used with any pair, any time frame. The fluctuations of a short period ATR with respect to a gently ATR with high period are calculated. The only parameters are the periods of the reference ATR and fast ATR, which could be safely let untouched...
This indicator was originally developed by John Forman (Stocks & Commodities, V.24:6 (May, 2006): "Cross-Market Evaluations With Normalized Average True Range"). Mr. Forman uses a normalized average true range indicator to analyze tradables across markets. Good luck!
Input ATR peroid : 14 Entry long - Tick , Short - Tick off Entry price - default Close Factor of ATR to set Stoploss : 1.5 Timeframe : Daily
A simple renko script with bar and background colored In this way ups and downs can be seen more easily Alerts are added for buy/sell, long/short Possibility to show bricks colours and background colours, according to the market situation
This indicator takes the average of a series of ATR to calculate what I would consider an optimum stop loss placement represented in percentage (read below for full overview). While the data is plotted what is most helpful are the actual numbers presented. This indicator is most helpful on the daily timeframe but can be used for all timeframes such as the 4HR or...
Looking for a modern stochastic oscillator and volatility together? Stochastic using an improved calculation. Volatility overlay. Price Action tends to follow a bottom in volatility.
It good to look to ATR on intraday trading. According to our team research only 4.8% of days security goes out of their ATR. So we developed ATR indicator which shows Daily ATR ranges on smaller time frames. When price crosses 70% of previous day ATR is good to look for signal to trade backward.
Our research showed that securities usually stay in their ATR. It is about 4.8% days when security is goes out of ATR. So we are using this feature in our trading, when security is out of their 70% of ATR we are looking for signals to trade backward. This indicator could show you when bars are close to ATR.
A simple script that uses the average true range indicator and compares it against bitcoin's market cap to obtain a visual representation of bitcoin's historical volatility. A version of this indicator will be made for other coins once tradingview gives us access to the market cap data
Name Cryptobot Strategy (Trial) Description Cryptobot Strategy is an optimised indicator for maximising both profit and accuracy on all markets and all timeframes Features - Pine script version 3 - Supports ALL markets - Supports ALL timeframes - High Net Profit - High Percent Profitable - High Profit Factor - Low Max Drawdown How to Use...
Creates an upper and lower level based on the ATR for your selected period. Calculation is based on the following; Shift Variable works by allowing calculation from x-periods back. Upper band = (Daily Low + ATR) Lower Band = (Daily High - ATR)
The atto-Trend is based on a high-level statistical analysis to fit price movements with acceptable smoothness and accuracy as a baseline function. Due to high volatile in markets, this fitting calculation still needs a (re-)smoothing step with a modified Tillson-T3 approach. The fitted and smoothed data is tracking with ATR based trailing stop mechanism. The...