This indicator is to be used only by the values it gives back, don't use the lines . In "current week days" choose number of days that already BEGAN this week (ex. on Wednesday type 3) Green1 - Current Daily Range Orange1 - Average Daily Range Green2 - Current Weekly Range Red1 - Average Weekly Range Orange2 - Today's price movement compared to the average...
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...
This script shows the Ichimoku Baseline and ATR Bands. Inspired by VP's algorithm this indicator tell you if you can open a trade or not. How to use: If a long/short candle cross the baseline and its close is higher/lower the ATR bands DO NOT TAKE the trade, otherwise feel free to enter. Input variables: Baseline Period (26 is default) ATR Period ...
The original problem: The choppiness index is great at finding ranging markets, but it is sometimes very slow, which means most of the time it only catches the end of a trend. This indicator tries to solve this. It uses the choppiness index and filters it using a factor that is based on the standard deviation of the ATR. The ATR based filter is calculated by...
The original problem: The choppiness index is great at finding ranging markets, but it is sometimes very slow, which means most of the time it only catches the end of a trend. This indicator tries to solve this. It uses the choppiness index and filters it using a factor that is based on the standard deviation of the ATR. The ATR based filter is calculated by...
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...
Adapted ATR-stop with only VWAP and ATR. Didnt test it, feel free to use it the way you want. You can turn off the bar color function and change any config.
Adapted ATR that i am using in BTC 15M charts. It is an usual ATR-Stop smoothed by a VWAP and a VWMA. This crazy config i am using only for BTC, but i found others configs with others assets, like brlusd contracts. You can turn off the barcolor function and change the lenght of the VWAP and VWMA.
Played around with Lazy Bear's VMA and Gunazzi's SuperTrend Cloud . It plots an uptrend if the low of a candle gets above the recent downtrend and plots a downtrend if the high of a candle gets below the recent uptrend, you have to wait for the candle to close to confirm the actual trend change. I use it to give me a direction for longs or shorts, not as a...
The indicator predicts periods of increased market volatility on 24 hours ahead, based on statistical data. It shows a time intervals, when it is better to give special attention to a market. Time, when the probability of market acceleration, momentum or a trend reversal becomes most likely. The idea is based on a simple logical conclusion – if the market was...
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...
Uses a modified ATR to find entries, take profits, and stop losses. Optimized for the 3m chart, but can be used on higher time frames with some tinkering of the settings.
Uber ATR is a customizable ATR indicator that measures volatility within a given time frame. The indicator tells about how much price fluctuates but does not say anything about how much it actually moves into one direction. Use trend following indicators for that purpose. Option: Exclude Unfinished Candle Option to exclude the current unfinished candle from...
Nonostante l'indicatore ATR non vuole anticipare la direzione del prezzo, attraverso delle formule di regressione è possibile risalire al trend di fondo. L'aggiunta di una sma(atr) permette di valutare la volatilità. Although the ATR indicator does not want to anticipate the direction of the price, through the regression formulas it is possible to trace the...
Complete Solution for Trading. In this Indicator 1. Oscillators = In that you will find EMA, SMA & Bollinger Band 2. Length = It's Length of EMA & SMA 3. Demand Zone = Wherever you find "DZ" Label and with that Trend and Location is in your favour than you can go Long from that zone. And another thing you can choose base Quantity Up to 6 Bases. 4. Supply Zone =...