ATOM Plus

2020年8月20日

INTRODUCTION
ATOM Plus is to help trader to determine if the stock is RANGING or TRENDING.
It is also to help trader to set up for the following trade:-

• REVERSAL (BoD)
  
• BREAKOUT (BoB)
  

HOW TO READ
1) RED/GREEN Price line is construct based on candle's Open, High, Low and Close which smoothen the price movement.

• GREEN line is indicating BULLISH BAR
  
• RED line is indicating BEARISH BAR
  

2)THE RIVER

• IF Priceline moves within the RIVER (Neutral Zone), it is indicating that the price is RANGING
  
• IF Priceline moves ABOVE the RIVER (BULL Zone) , it will trigger ATOM Buy which indicating BULL is TRENDING.
  
• IF Priceline moves BELOW the RIVER (BEAR Zone), it will trigger ATOM Sell which indicating BEAR is TRENDING.
  

HOW TO USE
Best use with TURTLE Pro and FIFT Pro indicators
1) BoD Reversal Buy

• Priceline turned GREEN and move from BEARISH into NEUTRAL Zone
  
• Fast Turtle Buy Signal
  
• FIFT Pro is BULLISH
  

2) BoB Buy

• ATOM Buy signal or GREEN Priceline in BULL ZONE
  
• Slow Turtle Buy
  
• FIFT Pro is BULLISH
  

Turtle Pro
FiFT Pro

Please contact me for access

2020年9月12日

版本注释

Bug Fix :- nBAR is a dormant input parameter. Remove from the code.

2021年4月21日

版本注释

Add Bull alert condition when price break above ATOM upper limit.
Add Bear alert condition when price break below ATOM lower limit.

2021年5月5日

版本注释

Upgrade ATOM script to pinescript version4.0

2022年3月25日

版本注释

Added 2 Alerts Condition when price line move into RIVER

ATOM Bearish to Neutral = Priceline moving from Bearish into Neutral zone
ATOM Bullish to Neutral = Priceline moving from Bullish into Neutral zone