A label function for display an arbitrary value above or below the chart.
There is no convenient way to display the value of a variable in pinescript. This is most convenient way I found.
It will follow the current bar (the position is calculated with highest/lowest and atr value, as such it will never display over the chart)
In this script we display ATR for...
Based on my previous script "Turtle N Normalized," this script plots the CM SuperGuppy on the value of N to identify changing trends in the volatility of any instrument.
Turtle rules taken from an online PDF:
"The Turtles used a concept that Richard Dennis and Bill Eckhardt called N to represent the underlying volatility of a particular market.
N is simply the...
Simple script that calculates the normalized value of N. Rules taken from an online PDF containing the original Turtle system:
"The Turtles used a volatility-based constant percentage risk position sizing algorithm. The Turtles used a concept that Richard Dennis and Bill Eckhardt called N to represent the underlying volatility of a particular market.
N is simply...
This screens for Supertrend reversal's in 10 different securities. The main logic for the screener is taken from "Simple Custom Screener in Pinescript" by QuantNomad with his permission. If the label color is not visible due to the text in it being white colored, then choose a different color from settings. Also added a simple supertrend to it.
Terminology...
This merges Volatility Stop & its MTF version both published by u/TradingView . Background is colored green or red when both the current timeframe Vstop and higher timeframe Vstop point in same direction. Aim is to take the standard Vstop script which differentiates market from only uptrend/downtrend to uptrend/downtrend/sideways. There is a tradeoff with this,...
Plots the daily ATR on the chart as upper and lower levels.
It can be use to adapt your trading in high and low periods of market volatility, determine reasonable target or take profit, entry at likely mean reversion, stop loss beyond normal flows etc...
More on the script behavior:
- Daily ATR upper/lower levels are applied on the current day low/high;
- The...
ATRCD calculates a MACD over the Average True Range, therefore helping traders to spot momentum in volatility.
The Average True Range is a measurement of the average candle size over a period of time, i.e. when the candles are small, the ATR is low. ATR measures volatility .
The MACD is a momentum indicator. It measures market momentum based on the average...
Script ini dibuat untuk membantu strategi trend following harian pada saham-saham di IHSG.
Terdiri dari:
1. Petunjuk visual untuk area trend yang sebaiknya dihindari ( bearish trend ), berupa background berwarna merah. Dimana area bearish trend adalah ketika garis fast ema berada di bawah garis slow ema .
2. Batas stop loss / trailing stop, dengan acuan nilai...
Stop ATR focused on Bull Trend Following, therefore it is plotted only as ATR subtracted from the prices. This indicator has the correct calculation of the ATR formula.
A simple indicator of trend by using 3 EMAs of multiplies of 2, 5 and 10, filtered by standard positive/negative directional movements (DM) which are the base of Average Directional Index (ADX).
The "Trend Strength" option is included to set the EMA multipliers and also the variation between DM+ and DM- which interpret the trend as a weak or a strong one.
Note...
One-Stop Trading Setup:
This script designed to identify up, down, and sideways trends. 200 HMA, 9 EMA, PSAR, and ATR are used to identify the strength of any instrument.
Candle Colors - Simpler approach to follow:
Green color indicates for up side trade signals
Red color indicates for down side trade signals
Yellow color can be interpreted for stop,...
This script is a simple ATR cross, where the short-term ATR helps quickly and easily determine whether volatility is "high" or "low" compared to the long-term ATR value. Both values are adjustable, but initially calibrated for the daily chart.
This simple indicator will plot the take profit and stop loss values based on the ATR indicator.
It's possible to set how many times the ATR value will be applied to the closing price and
what trade type is used, Long or Short.
ATR based Triple Stop Loss levels that are plotted on the chart (like moving averages!).
With ATR Levels plotted on the price chart itself, you can better set your volatility based trailing Stop Loss.
Also helps to define the SL when making an entry into a stock.
Note:
This indicator is supposed to be used on Daily and Weekly Charts.
For other timeframes...
The purpose of this indicator is to draw a horizontal grid having in mind:
- rounded price levels instead tradingview standard grid, zoom-based;
- calculated by volatility, using daily ATR;
- independent of timeframe in use, locked to DAILY calculations.
Further improvements are intended.
Wish this could be useful. Any questions, feel free to comment.
![AAPL: [CP]ATR Triple Stop Loss Levels](https://s3.tradingview.com/6/6u4I9BXI_mid.png "[CP]ATR Triple Stop Loss Levels")
![QQQ: [HM] HORIZONTAL GRID ROUNDED (VOLATILITY BASED)](https://s3.tradingview.com/n/njZ3C9ec_mid.png "[HM] HORIZONTAL GRID ROUNDED (VOLATILITY BASED)")
