OPEN-SOURCE SCRIPT
SplashAlgo - ATR indicator(KillerTrader's Concept)
已更新
This Indicator is based on KillerTrader_'s concept to avoid false breakouts
When breakout happens and you see short period ATR moving above long period ATR, the stock will give big moves on the upside.
You can avoid false breakouts through this method.
Indicator Setting:-
14/50 for 1-2 weeks momentum, 14/100 for 1-3 months holding works well.
When breakout happens and you see short period ATR moving above long period ATR, the stock will give big moves on the upside.
You can avoid false breakouts through this method.
Indicator Setting:-
14/50 for 1-2 weeks momentum, 14/100 for 1-3 months holding works well.
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