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ATR Based Breakout Strategy [Dr.K.C.Prakash]
ATR Based Breakout Strategy [Dr.K.C.Prakash]
This indicator is a volatility breakout tool that combines ATR bands with a customizable moving average to detect strong, clean breakouts — while filtering out market noise.
⚙️ How It Works
Moving Average (MA):
You can choose SMA, EMA, or WMA as the basis.
This moving average acts as a central reference line.
ATR Bands:
Two bands are plotted above and below the MA, offset by ATR × multiplier.
These bands define the breakout thresholds.
Signal Logic:
A Buy Signal is triggered when entire candle (high & low) is above the upper band.
A Sell Signal is triggered when entire candle is below the lower band.
Signals are not repeated in the same direction until an opposite signal occurs (trend memory).
Trend Tracking:
The indicator maintains the current trend state: bullish, bearish, or neutral.
MA line color changes:
🟢 Green = Uptrend
🔴 Red = Downtrend
⚪ Gray = No active trend
Visual Elements:
Bands turn green/red when a new signal is generated.
Buy/Sell labels are plotted at the respective signal bars.
Bar colors reflect the current trend.
✅ Key Benefits
Filters out weak or sideways movement using ATR-based thresholds.
Avoids repeated signals using a trend lock mechanism.
Clear visual cues through color-coded MA and labels.
Ideal for trend-following traders who want clean breakouts with low noise.
🚀 ATR Based Breakout Strategy [Dr.K.C.Prakash]
This is a premium invite-only indicator designed for traders who want clean, reliable breakout signals using ATR and dynamic moving averages.
💵 Price: Rs.3000 one-time
📩 Interested? DM me on TradingView (prakash1126)/Instagram (prakash krishnan chandran)/Gmail(kcp.iipmb@gmail.com) to get access and payment details.
🔒 Access is invite-only — users will be added manually after payment.
✅ Trend-following logic
✅ No-code alerts supported
✅ Clean signals with low false positives
No refunds after activation. For serious traders only.
This indicator is a volatility breakout tool that combines ATR bands with a customizable moving average to detect strong, clean breakouts — while filtering out market noise.
⚙️ How It Works
Moving Average (MA):
You can choose SMA, EMA, or WMA as the basis.
This moving average acts as a central reference line.
ATR Bands:
Two bands are plotted above and below the MA, offset by ATR × multiplier.
These bands define the breakout thresholds.
Signal Logic:
A Buy Signal is triggered when entire candle (high & low) is above the upper band.
A Sell Signal is triggered when entire candle is below the lower band.
Signals are not repeated in the same direction until an opposite signal occurs (trend memory).
Trend Tracking:
The indicator maintains the current trend state: bullish, bearish, or neutral.
MA line color changes:
🟢 Green = Uptrend
🔴 Red = Downtrend
⚪ Gray = No active trend
Visual Elements:
Bands turn green/red when a new signal is generated.
Buy/Sell labels are plotted at the respective signal bars.
Bar colors reflect the current trend.
✅ Key Benefits
Filters out weak or sideways movement using ATR-based thresholds.
Avoids repeated signals using a trend lock mechanism.
Clear visual cues through color-coded MA and labels.
Ideal for trend-following traders who want clean breakouts with low noise.
🚀 ATR Based Breakout Strategy [Dr.K.C.Prakash]
This is a premium invite-only indicator designed for traders who want clean, reliable breakout signals using ATR and dynamic moving averages.
💵 Price: Rs.3000 one-time
📩 Interested? DM me on TradingView (prakash1126)/Instagram (prakash krishnan chandran)/Gmail(kcp.iipmb@gmail.com) to get access and payment details.
🔒 Access is invite-only — users will be added manually after payment.
✅ Trend-following logic
✅ No-code alerts supported
✅ Clean signals with low false positives
No refunds after activation. For serious traders only.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya dengan percuma dan tanpa had – ketahui lebih lanjut di sini.
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.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya dengan percuma dan tanpa had – ketahui lebih lanjut di sini.
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.