PROTECTED SOURCE SCRIPT
ATR-M
Simple ATR with a moving average signal line. Play with the inputs, I suggest making the MA longer than the ATR length for a more reactive outcome. This is a great tool for trend trading!
There are two main uses for this indicator:
1. Filtering out losing trades
- Take trades when the ATR is above the signal line.
2. Identifying trends and slow downs to trends
- Ride trending markets.
- Be weary of the ATR crossing below the signal line, a reversal or pause in the trend is coming.
I'm sure something like this exists on TV but I haven't seen it yet. I'm new to making indicators and trading in general yet this tool looks to eliminate a lot of losing trades my entry indicator took during noisy/dead markets.
I hope this helps somebody out!
There are two main uses for this indicator:
1. Filtering out losing trades
- Take trades when the ATR is above the signal line.
2. Identifying trends and slow downs to trends
- Ride trending markets.
- Be weary of the ATR crossing below the signal line, a reversal or pause in the trend is coming.
I'm sure something like this exists on TV but I haven't seen it yet. I'm new to making indicators and trading in general yet this tool looks to eliminate a lot of losing trades my entry indicator took during noisy/dead markets.
I hope this helps somebody out!
受保护脚本
此脚本以闭源形式发布。 但是，您可以自由使用，没有任何限制 — 了解更多信息这里。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。