Phenom

2023年5月14日

It is a simple and effective tool for trading on moving averages.
The main advantage is that an ATR-based risk management system is included here. The system is based on the work of FullTimeTradingRu and the FBMA indicator

How to use the system:

1. I recommend using a daily timeframe.
2. Look for a rebound from the moving average, the most effective 20 Ema. For convenience, the colors of the bars are painted green in an uptrend.
3. Enter the transaction using hints. The recommended number of shares to buy is indicated in the table, taking into account your deposit and the risk per transaction from the deposit (by default 1%). Stop 1.5 ATR. Everything is the same for opening short positions.
4. I recommend entering the second trade only if the previous one passed 0.5 ATR, thereby confirming the trend and the fact that you correctly guessed the movement.


There are ATR settings in the script
Last bar show — How many bars to show
ATR lines ATR Step — For a more convenient view, ATR lines can be turned into a ladder.

2023年5月15日

版本注释

— Grouping in the menu
— ATR display for Long/Short
— Removed the possibility of a ladder for ATR (essentially a useless function)
— Added currency selection
— Fix bugs

2023年5月15日

版本注释

Bug fix

2023年5月26日

版本注释

Updated table values for short positions

2023年6月20日

版本注释

Added Indian Rupees
Added color selection for 20 ema
By default stop is now 1 ATR

2023年7月9日

版本注释

- New bar color view (in the settings it is better to turn off the display of bars, the indicator builds its own display)
- New ATR calculation (off by default)
- New risk management calculation (off by default)
- If you like it send me a small donation, it inspires me for new indicators

2023年7月9日

版本注释

-- Hot fix