ATR TREXTry to visualize TREX method.
-4 types of candle based on TR :
1. Spinning ( Candle < 0.8*ATR )
2. Standard ( 0.8*ATR < Candle < 1.2*ATR )
3. Long bar ( 1.2*ATR < Candle < 2.5*ATR )
4. Spike ( 2.5*ATR < Candle )
ATR length is different base on FRACTAL timeframes.
you can now find what is type of candle as colored ATR.
-Time frames :
1 Min
5 Min
15 Min
1 Hour
4 Hour
1 Day
1 Week
1 Month
I am working on TREX method and this indicator will change and improve . (V1.0)
Br
Amin
Khakestar
Trex [MrD3v]To appreciate dear Mr.Khakestar efforts i have converted his mt4 ATR formula to pine script. All credits goes to him.
Special Thanks To shayankm
Long Step $ Short Step added
DR added
Standard SL added
Eng.SL and Hunter.SL added.
Incompatible default colors with dark theme now are fixed.
Colors can be changed from settings.
All drawing sizes can be modified from settings. (Change the sizes for your mobile device)
Now crypto and fx markets are automatically detected.
Added APR only working on Crypto and FX.
Outputs on "BTCUSD(T), FX, Main metals" are now rounded to pips.