INVITE-ONLY SCRIPT
Fincandle ATR Direction Tracker
Overview
The Fincandle ATR Direction Tracker is a strategy designed to capture momentum moves in the market using a dynamic ATR-based trailing stop. It identifies strong momentum candles and filters signals using trend alignment with moving averages.
Partial exits allow users to take a portion of profit at a predefined ATR multiple while keeping the remaining position open until the opposite signal occurs.
How It Works
Momentum Detection:
Measures candle body size relative to the Average True Range (ATR).
A candle is considered momentum if its body size exceeds ATR × Multiplier.
Trend Filter:
Uses two moving averages (Fast MA and Slow MA) to determine the market trend.
Bullish trend: Fast MA > Slow MA → long trades allowed
Bearish trend: Fast MA < Slow MA → short trades allowed
Trend filter can be toggled on or off.
ATR Trailing Stop:
A dynamic trailing stop adapts to price volatility.
Crossing above the trail triggers a buy signal, crossing below triggers a sell signal.
Partial Exit / Take Profit:
Step 1: Exit 50% of the position when price moves a configurable multiple of ATR in your favor.
Step 2: Close the remaining position when the opposite signal occurs (e.g., price crosses below/above the ATR trail).
How to Use
Add the strategy to any chart (stocks, indices, forex, crypto).
Configure ATR period, sensitivity, take profit multiple, and moving average lengths to suit the timeframe and asset.
Monitor buy/sell markers and dynamic ATR trail on the chart.
Optional: Set alerts for real-time notifications when signals trigger.
Adjust partial exit multiplier to control risk/reward.
Example Settings
ATR Period: 10
ATR Sensitivity: 3 × ATR
Take Profit: 2 × ATR
Fast MA: 50
Slow MA: 200
Partial Exit: 50% of position at take profit, remaining exits on opposite signal
Key Features
Adaptive ATR trailing stop for volatility-based entries/exits.
Trend alignment filter with Fast/Slow MA.
Partial exit logic for better risk management.
Visual BUY/SELL markers and alerts.
Fully Pine Script v6 compatible.
Disclaimer
This strategy is for educational and analytical purposes only.
It does not guarantee profits. Traders should always use proper risk management.
The Fincandle ATR Direction Tracker is a strategy designed to capture momentum moves in the market using a dynamic ATR-based trailing stop. It identifies strong momentum candles and filters signals using trend alignment with moving averages.
Partial exits allow users to take a portion of profit at a predefined ATR multiple while keeping the remaining position open until the opposite signal occurs.
How It Works
Momentum Detection:
Measures candle body size relative to the Average True Range (ATR).
A candle is considered momentum if its body size exceeds ATR × Multiplier.
Trend Filter:
Uses two moving averages (Fast MA and Slow MA) to determine the market trend.
Bullish trend: Fast MA > Slow MA → long trades allowed
Bearish trend: Fast MA < Slow MA → short trades allowed
Trend filter can be toggled on or off.
ATR Trailing Stop:
A dynamic trailing stop adapts to price volatility.
Crossing above the trail triggers a buy signal, crossing below triggers a sell signal.
Partial Exit / Take Profit:
Step 1: Exit 50% of the position when price moves a configurable multiple of ATR in your favor.
Step 2: Close the remaining position when the opposite signal occurs (e.g., price crosses below/above the ATR trail).
How to Use
Add the strategy to any chart (stocks, indices, forex, crypto).
Configure ATR period, sensitivity, take profit multiple, and moving average lengths to suit the timeframe and asset.
Monitor buy/sell markers and dynamic ATR trail on the chart.
Optional: Set alerts for real-time notifications when signals trigger.
Adjust partial exit multiplier to control risk/reward.
Example Settings
ATR Period: 10
ATR Sensitivity: 3 × ATR
Take Profit: 2 × ATR
Fast MA: 50
Slow MA: 200
Partial Exit: 50% of position at take profit, remaining exits on opposite signal
Key Features
Adaptive ATR trailing stop for volatility-based entries/exits.
Trend alignment filter with Fast/Slow MA.
Partial exit logic for better risk management.
Visual BUY/SELL markers and alerts.
Fully Pine Script v6 compatible.
Disclaimer
This strategy is for educational and analytical purposes only.
It does not guarantee profits. Traders should always use proper risk management.
仅限邀请脚本
只有经作者批准的用户才能访问此脚本。您需要申请并获得使用权限。该权限通常在付款后授予。如需了解更多详情，请按照以下作者的说明操作，或直接联系fincandle。
除非您完全信任其作者并了解脚本的工作原理，否則TradingView不建议您付费或使用脚本。您还可以在我们的社区脚本中找到免费的开源替代方案。
作者的说明
Thank you for your interest
This script is Invite-Only; the source code is hidden. You can only use it after access is granted.
To request access:
Click “Request Access” on this page.
include your trading view user name
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
仅限邀请脚本
只有经作者批准的用户才能访问此脚本。您需要申请并获得使用权限。该权限通常在付款后授予。如需了解更多详情，请按照以下作者的说明操作，或直接联系fincandle。
除非您完全信任其作者并了解脚本的工作原理，否則TradingView不建议您付费或使用脚本。您还可以在我们的社区脚本中找到免费的开源替代方案。
作者的说明
Thank you for your interest
This script is Invite-Only; the source code is hidden. You can only use it after access is granted.
To request access:
Click “Request Access” on this page.
include your trading view user name
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。