Average True Range Take Profit An objective method of determining an initial Take Profit and Stop Loss, based on true market volatility and not arbitrary price levels. Take Profit Levels and Stop Loss Levels are calculated based on multiples of Average True Range Features & Functions Option to switch between long or short Default Value Take Profit 1 = 1x...
Smart Money Team Indicator to find Gaps:: tweaked to send alerts as well.
Features: Select alternate resolution Select type of moving average Select custom multiplicator
This is an experiment I did a while back ago. I often think On Balance Volume is a great indicator as trend direction and volume cannot lie. However, I bumped into a few problems. It is slow, doesn't show volatility and often time it is prone to chop. That's why I added ATR to the equation. Original OBV calculation src > 0? : +volume : src < 0?...
This is an indicator I created recently, with the mind of spotting where price might reverse and where the price is trending. You can see this as the primary indicator for your system, however, it is recommended you use this in conjunction with other confirmation indicators. This script focus solely on ATR or Average True Range. This indicator is the...
What is ATR By Time? This premium indicator was inspired by my RVOL By Time indicator . It works on Stocks, Forex, Crypto and most Futures markets. Instead of calculating the ATR by recent price data, it calculates an ATR value for each candle based on that candle’s time of day. For example, if you set the Lookback setting on this indicator to 14, then instead...
For 1min chart only Adjust your chart appearance to use darker red and darker green candles. I prefer grey wicks/tails and a black background but that part is preference.
Hey everyone! Took the usual ssl channel, doubled it and modified it to ema settings instead.
This is a testing project for fib levels to try out fivs on multi timeframes Thank you ShoujiSuzuki
This indicator includes a customizable mobile average with ATR levels
A lot of times I don't like my chart crowding with indicators, thus the reason for creating this script for my strategy QuarryLake. This script also comes with alert. Below is the explanation for QuarryLake I have also updated the script in version 4. This strategy consists of 3 indicators that I found works quite well together. Keltner Channel, Waddah...
This is an indicator I have been working on for the past 2 years, developed specifically for cryptocurrency. It is primarily a trend following indicator with great success and it performs the best in 4hrs to the weekly chart. There are two components of this indicator. The baseline from Ichimoku cloud and volatility stop . baseline period = 26 volatility...
Double ATR Bands ATR can be used to calculate stop loss and take profit Recommended to take action one candle after the current candle hits the support or resistance. Long position Inner green line - take profit for long position Outer red line - stop loss for long position Short position Inner red line - take profit for short position Outer green line -...
This strategy consists of 3 indicators that I found works quite well together. Keltner Channel, Waddah Attah Explosion, and Volatility Stop. You can find WAE here KC Period = 200 KCATR = 5 Vstop Period = 3 Vstop Mult = 1.5 Long when close > KC, close > Vstop, WAE trendUp Short when close < KC, close < Vstop, WAE trendDown Works well on BTCUSD XBTUSD, as...