Stochastic oscillator with dynamic buy/sell levels. Levels calculate with volatility/averag true range. No repaint
Muh indicator :) Simple but so useful little script. I work in percents because this is what makes sense not "pips" and "ticks" my account grows or diminishes a certain percentage I risk "1%" for example not ticks, ticks is what bad dogs have. Was tired of calculating manually every time. Makes it easier to set stop losses, get an idea of what to expect, risk in...
In Alan Hull's books he talks about his 'range indicator' which is the HMA and ATR to give buy / hold / sell signals. It is the HMA with the ATR SL with the Trend and (ATR multiplier * Period) + HMA for the TP (upper range)
In Alan's books he talks about his 'range indicator' which is the HMA and ATR to give buy / hold / sell signals. This is my version as he doesnt give the formula. It is the HMA with the ATR added and subtracted and plotted above & below the HMA to create a range. According to Alan's terminology: HMA = Central Cord, SL = Lower deviation, TP = Upper deviation
This is combo strategies for get a cumulative signal. Result signal will return 1 if two strategies is long, -1 if all strategies is short and 0 if signals of strategies is not equal. First strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The...
This is combo strategies for get a cumulative signal. Result signal will return 1 if two strategies is long, -1 if all strategies is short and 0 if signals of strategies is not equal. First strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The...
Plots one of several types of moving average types Supports ATR/Kelter Channels Supports Bollinger Bands Velocity squeezes shown on the moving average to identify possible turning points Supports ATR based stop for MA Trend Reversals MA Trend reversal alert conditions See related Moving Average Ribbon script.
Displays two bands above and below the source using the ATR. Comes with ATR multipliers for upper and lower bands.
A simple visual representation of ATR trading targets. The indicator shows ATR targets (TP and SL) from the last swing points (if you entered there) There is an option to chose targets for a long or short position. JD. #NotTradingAdvice #DYOR I build these indicators for myself and provide them open source, to use for free to use and improve upon, as I believe...
Hey everyone this is an exciting new script I have prepared for you. I was reading an old forex bulletin article some time ago when I came across this: solar.murty.net (or you can download the full bulletin with lots of other good articles here: www.forexfactory.com). You can already buy this for metatrader (www.mql5.com) so I figured to make it for free for...
This indicator builds on the idea of the Average True Range (ATR) as a way of measuring volatility. It uses two different ATRs to show a shift in market volatility. It is mainly composed of two moving averages of ATR. One fast moving, which looks back at the previous 5 periods. One slow moving, which looks back at the previous 21 periods. Both ATRs have been...
An ATR (Average True Range) can be used to position a trailing stop In this script, the true range of today is calculated based on the low of yesterday in order to be more stable. It only goes up, as a trailing stop should do. It only goes down when the trailing stop is reached by the price.
The calculation of this ATR is based on the low of yesterday in order to not change continuously during the day. You can use this indicator to create a trailing stop taking into account volatility on the nATRPeriod previous days. It also always go up as a trailing stop should. It only goes down the price reaches the trailing stop.
This is Average True Range indicator, but it is smoothed with Hull MA ( not WMA etc ) It is set to overlay the candles so looks different from normal ATR but i assure you it is ATR Script open so you can see for yourself. perhaps different settings are better, Help me test it, and suggest improvements thankyou