This is a very basic, but powerful script. It gives you the ratio between the rate of change of the last x days and the average true range of the last y days. ---> ROC-ATR Ratio = ROC/ATR Therefore, you can see how much the price has moved relative to the prices in the past. This is important because (in my opinion) the basic ROC indicator is not very...
I have the ambition to create a ‘landscape’ which enables the user to see the ‘mood’ of the market about the price of an instrument, simply by looking where the candles go. Prices are a simple phenomenon , they go up or down or stay the same. This is represented quite well for the short term by a candle. I recommend to study candle patterns. Prices not only...
The Moving Average Support and Resistance Channel is a channel that consists of trend lines of resistance and support of the analyzed instrument, represented as moving averages with the selected type and smoothing period on a certain timeframe, where: - Middle Line - the middle of the channel (the moving average of the pivot point using the Floor Pivot method) -...
MACD-Extendida-Estrategia -------------------------------- DESCRIPTION Resource that identifies entry and exit operations using the indicator Average Convergence and Divergence Movements (MACD) and 5 strategies INTERESTING Novel strategies are implemented such as: 1. Overbought and oversold band to avoid horizontal movements 2. Control inputs and outputs at...
-------------------------------- MACD-Extendida-Estrategia -------------------------------- DESCRIPTION Resource that identifies entry and exit operations using the indicator Average Convergence and Divergence Movements ( MACD ) and 5 strategies INTERESTING Novel strategies are implemented such as: 1. Overbought and oversold band to avoid horizontal movements 2....
The script changes the default output of ATR and shows the result based on the percentage. It could be usefull when do you want to know about the percentage of the movement.
Before I begin I want to mention: 1. This is an indicator specially made for NNFX traders who use the ATR rule of ATR1x for Take Profit and ATR1.5x for Stop Loss 2. It is a product of combining the in-built ATR and Dillon Grech's ATR () The indicator: 1. It can be used for a quick look using the lines to see instead of calculating whether price hit a TP or SL....
This script is using Average True Range (ATR) and works very well on the Bitcoin 4 hour timeframe to determine when to stop and start your bots. It has a very similar visual to the EMA RSI Indicator found here: This 'ATR Start & Stop Bot' is better because it has less confusion during sideways market movement. As an example - You are using 3commas and have a...
Simple script that plots price to MA distance (ATR) as a bar chart. ATR is being used here instead of % because ATR keeps it relative to current volatility (1ATR move in either direction can have very different % for when price at 20cent and 2 dollars). Upper/Lower band is calculated based on the average of previous peak/trough. Price approaching the band could...
Uses two SuperTrend+ indicators to signal when a change in trend is confirmed. By using a minor trend within the major, a pullback after a turning point can signal a more optimal entry. See SuperTrend+ for more details.
Based on the ANNE EA v3 for MT4. For use on FOREX. if ATR is greater than ATR average taken from last 5 candles, then market considered as trending, and so Open(0)>Close(1)=buy Open(0)Close(1)=sell Open(0)<Close(1)=buy. If trending, then buy high & sell low, if consolidation then buy low sell high. Exit is by trail and Take Profit. PM me for edit or MT4 version info.
Description: Indicator that identifies entry and exit operations, using 3 moving averages and 5 strategies. New strategies are implemented such as the prediction of closing operations, independent of the events that justify entry operations. How does it work: 1) Long strategy: if SMA5 crosses up to SMA200 and SMA200 is bullish , a buy operation begins, if SMA5...
*Past Performance Does Not Guarantee Future Results* *Strategy created for backtesting purposes only. *Backtesting assesses the viability of a trading strategy or pricing model by discovering how it would have played out retrospectively using historical data. * Please be sure to read all updates below as the information below could change with future updates. ...
Our new indicator tracks trends to create buy and sell alerts, see below how it works. HOW IT WORKS: It uses RMA which is the same moving average used by RSI and HMA, they intersect give us an entry signal, be it a buy or sell, as the entry signal the script will color the bars according to the signal. When a GREEN candle appears, it indicates a large...
Shows a table of the average volatility per hour of day. Can inform about the more/less opportune times to trade a particular asset. Gaps are not accounted for; ranges only consist of high - low. Use on the hourly time frame only.
Hey, traders! This script calculates the VWAP's change rate against ATR in a number of k-lines. It controls the VWAP line's color based on the average change rate, and it changes its color in a time-weighted way. 1. Calculating vwapValue's rate of change 2. Controlling Line's color based on the average change rate against ATR 3. Calculating average change...
SD - Average True Range - Daily Weekly Monthly Yearly v5 It gives ATR intervals as 4 hours, daily, weekly, monthly and yearly. The expectation is to fill the ATR targets within the specified ranges. It can be used to determine target points on charts with a clear direction on the train. Unlike the previous version, it is provided to use 2 different periods in...
Hi Friends & TradingView community. Greetings to you. Many traders use ATR to set Stop loss. The built in ATR indicator plots the ATR values as a line. However, many traders do not want the ATR to be plotted on their charts, but are only interested in the ATR value as such. This script does that - it just prints the latest ATR with your set Multiplier value...