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RAHUL ATR + Volume Spikes

New Volume Spikes Strategy.
The Average True Range (ATR) indicator is a technical analysis tool that measures the volatility of an asset. It can be used to create a trading strategy by identifying periods of high volatility and making trades based on those conditions.
Here is an example of a simple ATR trading strategy:
Calculate the ATR for the asset you are trading. This can typically be done using a charting platform or software.
Identify the average ATR over a period of time (such as 14 days). This will be your "threshold" for determining high volatility.
When the current ATR is above the threshold, enter a long position (buy) in the asset.
When the current ATR is below the threshold, exit the long position (sell) and wait for the next period of high volatility.
Repeat the process for the next period of time.
This is a basic example of an ATR strategy and can be adjusted as per one's preference, you can add other indicators or market conditions to filter out trades and also use different time frame to check the ATR values. ATR can also be used in combination with other indicators and strategies to improve the accuracy of your trades.
It's always important to backtest any strategy before actually trading with real money, and also to consider the risk management, stop loss and profit taking levels, and adjust the strategy accordingly
The Average True Range (ATR) indicator is a technical analysis tool that measures the volatility of an asset. It can be used to create a trading strategy by identifying periods of high volatility and making trades based on those conditions.
Here is an example of a simple ATR trading strategy:
Calculate the ATR for the asset you are trading. This can typically be done using a charting platform or software.
Identify the average ATR over a period of time (such as 14 days). This will be your "threshold" for determining high volatility.
When the current ATR is above the threshold, enter a long position (buy) in the asset.
When the current ATR is below the threshold, exit the long position (sell) and wait for the next period of high volatility.
Repeat the process for the next period of time.
This is a basic example of an ATR strategy and can be adjusted as per one's preference, you can add other indicators or market conditions to filter out trades and also use different time frame to check the ATR values. ATR can also be used in combination with other indicators and strategies to improve the accuracy of your trades.
It's always important to backtest any strategy before actually trading with real money, and also to consider the risk management, stop loss and profit taking levels, and adjust the strategy accordingly
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Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.