This indicator helps you to set your stoploss levels by using ATR. Traders often use atr values in order to calculate their stoploss levels. This indicator does the calculation for you and draw two tiny lines without messing up the chart so that you can easily see your stoploss levels and get an idea about the volatility and risk amount as well. One line is below...
Knowing how big a range one is operating in (from a higher time frame perspective) is very important to understand where the reversals could potentially come from. This indicator uses the closing price of previous HTF candle and plots its ATR range - and several levels on top of it. +/- 75% +/- 100% +/- 150% +/- 200% +/- 300%
This simple script indicate the potential flat market zones, calculated based on the Bollinger Bands width. It's showing the Bollinger Bands in red when the market is detected as flat. You can adjust the Width Threshold with precision on the inputs settings. Enjoy :)
After seeing strategy after strategy refer to calculating ATR values using a "calculator" (how barbaric!), I thought I'd take a stab at one possible solution to the "problem" as an overlay indicator on the main chart that replaces traditional standard ATR bands. This indicator presents ATR within a channel with a slick trick: invisible hover-able tooltips for you...
1st it exactly looks like the original Supertrend indicator. But if you see the options, you can see it is totally different: It uses my other indicator inside: Zero Lag Keltner Channels, so you can use smoothed ATR bands for calculation instead of the raw ATR. By default it's length is 1 so it works like the original Supertrend. You can choose different...
This indicator extends the built-in Volatility Stop indicator to a visual signals type indicator based on the crossover of a small VStop value (default 1.5x ATR) and a larger VStop value (default 3x ATR). The two values form a "cloud" with default coloring based on RSI/strength of trend.
I have a thing for efficiency, as I'm sure many of you do as well. One could say we are minimalist. As such, wasting precious chart space is absolutely unacceptable. Such precious commodity should only be used for things that are pleasing to the eye and mind. This minimalistic ATR filter will give you all the functions a regular ATR provide, without all the...
Try to visualize TREX method. -4 types of candle based on TR : 1. Spinning ( Candle < 0.8*ATR ) 2. Standard ( 0.8*ATR < Candle < 1.2*ATR ) 3. Long bar ( 1.2*ATR < Candle < 2.5*ATR ) 4. Spike ( 2.5*ATR < Candle ) ATR length is different base on FRACTAL timeframes. you can now find what is type of candle as colored ATR. -Time frames : 1 Min 5 Min 15 Min 1...
It is based on the Choppiness Index indicator. It can show you when the market is in range. If the lines are below the lower band, it can be a strong trend, if it is inside the 2 bands, it is considered to be a choppy market, and if it is crossed down the upper band, it can be a developing trend. This indicator does not show you the trend direction! This may be...
This indicator displays the Current Daily ATR vs the current Day Range and displays the percentage. For example if the Daily ATR is $5 and the current range of the day is $10 this would be 200% the original move. It is color coded (and can be modified) to change color when the Daily range is over 100% the ATR. The time frame can be changed from Daily just be...
All you have to fill out is your account balance, the % amount of your account you want to risk, and the percentage of ATR you want calculated. If you have 100% it will do a full ATR calculation. So if the ATR is $2 then your risk per share would be $2. If you had 50% in the same example it would be risking $1 per share. You can also customize what time frame...
This script provides the ATR price when added to the top and bottom of the currently hovered candle. The prices are shown top left next to the indicators' name. This means you do not have to manually subtract or add ATR to price. Line opacity allows you to show the lines where the ATR is, however, I recommend to keep this disabled. Line type allows you to choose...
Hello everyone! I bring to your attention a indicator to determine the point of buy and sell purchase. It is based on oscillators and a moving average. It can be used to work with bots, for example 3COMMAS DCA bot. Signal Condition Settings: ATR The current candle is larger than the ATR for this period EMA The signal is necessarily below (for buy) and above...
Hello everybody! I bring to your attention an indicator for determining the point of sell. It is based on oscillators and a moving average. Signal Condition Settings: ATR The current candle is larger than the ATR for this period EMA The signal must be above the EMA of the specified period MFI High The MFI index is higher than this value CCI High The CCI index...
Hello everyone! I bring to your attention a simple indicator to determine the point of purchase. It is based on oscillators and a moving average. It can be used to work with bots, for example 3COMMAS DCA bot. Signal Condition Settings: ATR The current candle is larger than the ATR for this period EMA The signal is necessarily below the EMA of the specified...
The trendlines with breaks indicator return pivot point based trendlines with highlighted breakouts. Users can control the steepness of the trendlines as well as their slope calculation method. Trendline breakouts occur in real-time and are not subject to backpainting. Trendlines can however be subject to repainting unless turned off from the user settings. The...
Hi everyone, I'm sharing a simple script I made for a friend. He was looking for a way to add another asset to his chart, and monitor relevant movements \ spot eventual correlation, especially when trading Cryptocurrencies. We couldn't find a similar script already available so here it is - the code is commented and I hope it's clear enough :) Notes: - The...
The indicator measures ATR relative to VOLUME of each candle, marks the candles where there is more volume than in the previous one, but a lower ATR - signifying a compression in price movement - resistance. It also marks the candle where there is a greater ATR than in the previous candle, but lower volume - signifying an expansion in price movement -...