The Center of Gravity ( CG ) of a physical object is its balance point. For example, if you balance a 12 inch ruler on your finger, the CG will be at its 6 inch point. If you change the weight distribution of the ruler by putting a paper clip on one end, then the balance point (e.g. the CG ) shifts toward the paper clip. Moving from the physical world to the...
The purpose of this indicator is to show the key reference level for both sides of the market.
If the price breaks the reference level up and the price bar closes above the reference line, It will trigger a long position and the stop-loss for this position will be the support level.
If the price breaks the reference level down and the price bar closes...
This script is designed for XBT/USD on Bitmex 4hr chart .
The signals are generated from a calculation of the overall super trend using ATR.
The stop loss level is also determined by a separate ATR calculation. This allows for dynamic stop loss placement depending on how volatile the market. Lower ATR = tighter Stop.
I tried a Take-Profit function but it...
The ATR Exhaustion indicator for Tradingview will overlay the minimum and maximum price limits for a timeframe over your chart. It calculates the price limits be adding and subtracting the ATR level from the high and lows of the period you are interested in.
For example, you can see the daily upper and lower ATR levels whilst on a 15-minute chart. The upper and...
Inspired by @bitmexstorm study Volatility-calibrated ATR
This study features two different ATR trail derivative concepts-Default one is called- "Silicone", and the alternative is called- "Mercurial. To decrease confusion during backtesting, trails plots with distinct color palette.
Options include the ability to apply a smoothening filter that affects both...
Acknowledgements: Everget for Chandelier Exit indicator, mortdiggiddy
for the Adaptive ATR-ADX Trend indicator
This indicator is a duct-tape combination of the two aforementioned indicators. I wanted a combination of potential stop options, some dynamic and others not, but both at the same time. It is less intrusive/clunky than the Fib-Pivot-Stop indicator, but...
Acknowledgements: Everget for the Chandlier Exit indicator + other indicators for structure reference and MG for the Trailing Pivot stop indicator.
I wanted a Fib-Pivot-Stop indicator, so I duct-taped them together with some Fibs, and this was the result.
Technically you could say this is experimental and unfinished - the indicator is bulky/clunky enough to...
As some of you requested, I will make the code for QuarryLake Open for you all.
I have also updated the script in version 4.
This strategy consists of 3 indicators that I found works quite well together.
Keltner Channel, Waddah Attah Explosion, and Volatility Stop .
KC Period = 200
KCATR = 5
Vstop Period = 3
Vstop Mult = 1.5
Long when close > KC, close >...
To appreciate dear Mr.Khakestar efforts i have converted his mt4 ATR formula to pine script. All credits goes to him.
Plots
You can enable plots from the settings tab and then disable five first plots from the style tabs (finally save as default). Then you can view the ATR result of each candle in the past:
Green number is the HL range of the candle.
...
I rely on this script for both my live trading and my backtesting process. I couldn’t live without it. It’s extremely simple – all it does is calculate your trailing stop price.
How It Works
The first number in blue is the current ATR (pips). The second number in green is your trailing stop loss price for Long trades, and the third number in red is your...
I rely on this script for both my live trading and my backtesting process. I couldn’t live without it. It’s extremely simple – all it does is calculate your trailing stop price.
How It Works
The first number in blue is the current ATR (pips). The second number in green is your trailing stop loss price for Long trades, and the third number in red is your...
What is this tool?
This is an implementation of the well-known SuperTrend indicator that can adjust parameters on the fly to achieve a better profitability.
The algorithm was borrowed from Profitable SuperTrend and connected to the basic SuperTrend implementation. So, now it will switch parameters automatically without any manual work required.
Alerts...
![BTCUSD: ATR TRex [SHK]](https://s3.tradingview.com/f/fYVUKY3q_mid.png "ATR TRex [SHK]")
![AUDJPY: ATR Trailing Stop Indicator [Chart]](https://s3.tradingview.com/s/szZ5jO2w_mid.png "ATR Trailing Stop Indicator [Chart]")
![BLX: Cyatophilum SuperTrend [BACKTEST]](https://s3.tradingview.com/p/PxTU1DON_mid.png "Cyatophilum SuperTrend [BACKTEST]")
