The original problem: The choppiness index is great at finding ranging markets, but it is sometimes very slow, which means most of the time it only catches the end of a trend. This indicator tries to solve this. It uses the choppiness index and filters it using a factor that is based on the standard deviation of the ATR. The ATR based filter is calculated by...
The original problem: The choppiness index is great at finding ranging markets, but it is sometimes very slow, which means most of the time it only catches the end of a trend. This indicator tries to solve this. It uses the choppiness index and filters it using a factor that is based on the standard deviation of the ATR. The ATR based filter is calculated by...
Simple script based on ATR to calculate your Take Profit and Stop Loss Input variables: ATR Period ( Default: 14 ) TP Multiplier ( Default: 1*ATR ) SL Multiplier ( Default: 1.5*ATR )
Many traders use ATR as a way to determine stop loss placement. It usually works like this: - Stop loss for a short trade = high of last candle + ATR value - Stop loss for a long trade = low of last candle – ATR value This is an indicator that allows you to do just that: it gives you an easy way to view current and historical volatility using ATR-based price...
Adapted ATR-stop with only VWAP and ATR. Didnt test it, feel free to use it the way you want. You can turn off the bar color function and change any config.
Adapted ATR that i am using in BTC 15M charts. It is an usual ATR-Stop smoothed by a VWAP and a VWMA. This crazy config i am using only for BTC, but i found others configs with others assets, like brlusd contracts. You can turn off the barcolor function and change the lenght of the VWAP and VWMA.
Played around with Lazy Bear's VMA and Gunazzi's SuperTrend Cloud . It plots an uptrend if the low of a candle gets above the recent downtrend and plots a downtrend if the high of a candle gets below the recent uptrend, you have to wait for the candle to close to confirm the actual trend change. I use it to give me a direction for longs or shorts, not as a...
The indicator predicts periods of increased market volatility on 24 hours ahead, based on statistical data. It shows a time intervals, when it is better to give special attention to a market. Time, when the probability of market acceleration, momentum or a trend reversal becomes most likely. The idea is based on a simple logical conclusion – if the market was...
ATR measures volatility, but you can't compare one instrument vs. another with it because the ATR value will be different depending on the price of the instrument. I went searching for something like ATR but with percentages, so you could compare one stock vs. another to find who is more volatile and found this . It was exactly what I was looking for, so...
Uses a modified ATR to find entries, take profits, and stop losses. Optimized for the 3m chart, but can be used on higher time frames with some tinkering of the settings.
Uber ATR is a customizable ATR indicator that measures volatility within a given time frame. The indicator tells about how much price fluctuates but does not say anything about how much it actually moves into one direction. Use trend following indicators for that purpose. Option: Exclude Unfinished Candle Option to exclude the current unfinished candle from...
Nonostante l'indicatore ATR non vuole anticipare la direzione del prezzo, attraverso delle formule di regressione è possibile risalire al trend di fondo. L'aggiunta di una sma(atr) permette di valutare la volatilità. Although the ATR indicator does not want to anticipate the direction of the price, through the regression formulas it is possible to trace the...
Complete Solution for Trading. In this Indicator 1. Oscillators = In that you will find EMA, SMA & Bollinger Band 2. Length = It's Length of EMA & SMA 3. Demand Zone = Wherever you find "DZ" Label and with that Trend and Location is in your favour than you can go Long from that zone. And another thing you can choose base Quantity Up to 6 Bases. 4. Supply Zone =...
The Main Idea came from "The Way of Turtle" and I'd just adjusted it. If you have an interesting then find the book near library. Thank you and have a nice day :)
This indicator normalizes Day's candle with Open. Idea is to see the daily movement in the context of the Open of the Day. Larry Williams talks about Open being the most important price of the day. Hence, this indicator. The Green line is average Open-to-High for occurrences of Red days. The Red line is average Open-to-Low for occurrences of Green days. Average...