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Haniva ATR

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Haniva ATR Indicator

This indicator is fully based on ATR (Average True Range) calculations and is designed for analyzing behavior of price movement. It is tailored for traders who follow the BPM style.

Applications of the indicator:

1- Yellow candles represent inside bars, and you can trade them with inside bar hunt setup.

2- The ATR table calculates Average True Range values across multiple timeframes for better volatility assessment.

3- The Stop Loss & Target table provides suggested stop loss and target levels, dynamically calculated based on each timeframe’s ATR.

4- Long shadows (wicks) are highlighted in the chart, and their 50% zones are clearly marked to assist with identifying potential reversal or reaction points.

5- The indicator also defines key percentages used to determine the leg timeframe, helping traders align their setups with market structure.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.