ATR x TP & SLSimple script based on ATR to calculate your Take Profit and Stop Loss
Input variables:
ATR Period ( Default: 14 )
TP Multiplier ( Default: 1*ATR )
SL Multiplier ( Default: 1.5*ATR )
Average True Range (ATR)
SFL ATR BandsMany traders use ATR as a way to determine stop loss placement. It usually works like this:
- Stop loss for a short trade = high of last candle + ATR value
- Stop loss for a long trade = low of last candle – ATR value
This is an indicator that allows you to do just that: it gives you an easy way to view current and historical volatility using ATR-based price bands .
Features
The indicator is configurable with the following settings:
ATR period
ATR multiplier
ATR applied to highs/lows OR the close price
Bands offset
Only show for the last X candles
How To Use This Indicator
Since this indicator shows average volatility bands, it is a good measure of how much the price moves. So we can use ATR bands in a number of ways:
it’s an easy way to see where you can place your stop loss
you can use a multiple of ATR as your trade target
you can trail your stops alongside the ATR bands
VWAP-ATRstopAdapted ATR-stop with only VWAP and ATR.
Didnt test it, feel free to use it the way you want. You can turn off the bar color function and change any config.
VWAPVWMAATRAdapted ATR that i am using in BTC 15M charts. It is an usual ATR-Stop smoothed by a VWAP and a VWMA.
This crazy config i am using only for BTC, but i found others configs with others assets, like brlusd contracts.
You can turn off the barcolor function and change the lenght of the VWAP and VWMA.
ATR [Gu5]ATR (Average True Range) by Sylvain Vervoort
In contrast to other ATR indicators, the line changes color when profits start
A diferencia de otros indicadores ATR, la linea cambia de color cunado empezamos a tomas ganancias
Variable SuperTrend - evoPlayed around with Lazy Bear's VMA and Gunazzi's SuperTrend Cloud .
It plots an uptrend if the low of a candle gets above the recent downtrend and plots a downtrend if the high of a candle gets below the recent uptrend, you have to wait for the candle to close to confirm the actual trend change.
I use it to give me a direction for longs or shorts, not as a stop/reverse indicator.
Thanks Lazy Bear and Gunazzi :)
Volatility ForecasterThe indicator predicts periods of increased market volatility on 24 hours ahead, based on statistical data. It shows a time intervals, when it is better to give special attention to a market. Time, when the probability of market acceleration, momentum or a trend reversal becomes most likely. The idea is based on a simple logical conclusion – if the market was volatile in the same time periods in the past, then this will happen again in the future.
English - Full description and instruction
The indicator is useful for all markets. But especially for cryptocurrency, which, unlike stock market or forex, doesn’t have time-limited trading sessions and weekends. Therefore, statistical analysis is the only way to reliably determine periods of increased activity of market participants.
The indicator can't predict all volatility. But it provides a fairly accurate prediction of statistical volatility, - one that periodically occurs at the same time.
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Индикатор прогнозирует периоды повышенной волатильности рынка на 24 часа вперёд, основываясь на статистических данных. Он показывает временные интервалы при которых стоит уделить рынку повышенное внимание, когда вероятность ускорения рынка, импульса или перелома тренда, становится наиболее вероятным. Идея строиться на простом логическом выводе, - если рынок был волатилен в одни и те же временные периоды в прошлом, то это повторится в будущем.
Русский - Полное описание и инструкция
Индикатор полезен для всех рынков. Но особенно для криптовалютного, который в отличии от фондового или форекс не имеет ограниченных по времени торговых сессий и не рабочих дней. По этому, статистический анализ единственный способ надежно определить периоды повышенной активности участников рынка.
Индикатор не может предсказать всю волатильность. Но обеспечивает достаточно точное предсказание статистической волатильности, - такой которая периодически возникает в одно и то же время.
Average True Range Percentage (ATRP)ATR measures volatility, but you can't compare one instrument vs. another with it because the ATR value will be different depending on the price of the instrument. I went searching for something like ATR but with percentages, so you could compare one stock vs. another to find who is more volatile and found this .
It was exactly what I was looking for, so decided to re-create it in TradingView. Enjoy!
Description
Average True Range Percent (ATRP) expresses the Average True Range (ATR) indicator as a percentage of a bar’s closing price.
How this indicator works
ATRP is used to measure volatility just as the Average True Range (ATR) indicator is. ATRP allows securities to be compared, where ATR does not.
ATR measures volatility at an absolute level, meaning lower priced stock will have lower ATR values than higher price stocks. ATRP displays the indicator as a percentage, to allow for securities trading at different prices per share to be compared.
Calculation
ATRP = (Average True Range / Close) * 100
UltraScalperUses a modified ATR to find entries, take profits, and stop losses. Optimized for the 3m chart, but can be used on higher time frames with some tinkering of the settings.
Uber ATR [UTS]Uber ATR is a customizable ATR indicator that measures volatility within a given time frame.
The indicator tells about how much price fluctuates but does not say anything about how much it actually moves into one direction. Use trend following indicators for that purpose.
Option: Exclude Unfinished Candle
Option to exclude the current unfinished candle from price calculation to ignore sudden spikes in price action.
Default caluclation based on candle close:
Exclude unclosed candle option:
Option: Display "Old" Values
Option to step back by candle and display old ATR values in a human readable fashion.
Option: Smoothing Types
NONE (Raw ATR value, no smoothing is applied)
ALMA (Arnaud Legoux Moving Average)
DEMA (Double Exponential Moving Average)
EMA (Exponential Moving Average)
FRAMA (Fractal Adaptive Moving Average)
HMA (Hull Moving Average)
JURIK (Jurik Moving Average)
KAMA (Kaufman Adaptive Moving Average)
Kijun (Kijun-sen / Tenkan-sen of Ichimoku)
LSMA (Least Square Moving Average)
RMA (Running Moving Average)
SMA (Simple Moving Average)
SuperSmoothed (Super Smoothed Moving Average)
TEMA (Triple Exponential Moving Average)
VWMA (Volume Weighted Moving Average)
WMA (Weighted Moving Average)
ZLEMA (Zero Lag Moving Average)
ATR by KerdasNonostante l'indicatore ATR non vuole anticipare la direzione del prezzo, attraverso delle formule di regressione è possibile risalire al trend di fondo.
L'aggiunta di una sma(atr) permette di valutare la volatilità.
Although the ATR indicator does not want to anticipate the direction of the price, through the regression formulas it is possible to trace the underlying trend.
The addition of a sma (atr) allows to evaluate the volatility.
FX Bull_TradersStreamComplete Solution for Trading. In this Indicator
1. Oscillators = In that you will find EMA, SMA & Bollinger Band
2. Length = It's Length of EMA & SMA
3. Demand Zone = Wherever you find "DZ" Label and with that Trend and Location is in your favour than you can go Long from that zone. And another thing you can choose base Quantity Up to 6 Bases.
4. Supply Zone = Wherever you find "SZ" Label and with that Trend and Location is in your favour than you can go Short from that zone. And another thing you can choose base Quantity Up to 6 Bases.
5. Higher Time Frame = Choose this thing so, tool can know what is your Higher Time Frame accordingly this it will judge your ITF & LTF.
6. Higher Distal & Lower Distal = Please enter manually the no.'s of your Upper Distal Line & Lower Distal Line. and when changing chart don't forget to make it "0"
7. Trend @ ITF = Choose your Trend. (Please choose your Trend from your ITF (Intermediate Time Frame)Time frame, to get better results)
9. Risk As per DATR in % = Calculates as per DATR (Daily Average True Range)
10. 1st Symbol & 2nd Symbol = To have other symbol price in your chart.
11. Explosive Candle & Basing Candle = Tick to view Explosive & Boring candle in zone formations & Untick hide the indication.
Average True Range ChannelThe Main Idea came from "The Way of Turtle" and I'd just adjusted it.
If you have an interesting then find the book near library.
Thank you and have a nice day :)
Normailzed CandleThis indicator normalizes Day's candle with Open. Idea is to see the daily movement in the context of the Open of the Day.
Larry Williams talks about Open being the most important price of the day. Hence, this indicator.
The Green line is average Open-to-High for occurrences of Red days. The Red line is average Open-to-Low for occurrences of Green days.
Average are not perfect calculations since occurrences(of Red or Green) will vary within the time-span used for averages.
These can used to gauge likelihood of the intra-day price reversal. If the price exceeds green/red line, there is higher likelihood of the price closing above/below open.
The blue lines are average Open-to-close for Green and Red occurrences.
Be careful on days where consecutive 3rd Highest High or Lowest Low day is made and also on the next day after such day. Prices may turn direction at least for a short while.
The precursor to this script of the Candle Infopanel script. That script was just numbers in panel and this is a graphical representation. I
Some of the calculations from original script are commented here because it would make visuals clutters (and probably the left-out calculation are not critical to making trade decisions!)
(15) Trade Risk Reduction VS-132TRR calculates the volatility of your stock. This is just the magnitude of each days price fluctuations, or what technicians refer to as the True Range. TRR averages the True Range (ATR) over three different time periods.
Why three? You want a sensitive indicator that reflect both the long term historical volatility of the equity as well as what that volatility is right now. Obviously the most recent trading days are the most important. The three ATR periods and their weighting factors are:
1) We use a 251 day period which equates to 1 trading year because we want to know what the historical volatility is. This one year period is not weighted.
2) We utilize a 21 day period because the most recent weeks tells us what the stock volatility has been over the previous calendar month. This is weighted by a factor of 2.
3) Finally, we utilize the last weeks data, Last 5 days, (L5D) to provide us with the stocks movement in the most recent trading days. This is weighted by a factor of 4.
The total of ATR251*(1) + ATR21*(2) + ATR5*(4) is then divided by the total of all factors (7).
This results in the Weighted Average True Range that the Trade Risk Reduction utilizes to produce the dynamic bands on your charts as well as power the Risk and Stop loss calculators. These indicate where this indicator is currently recommending you place stops. In the Format options of the application you are provided with the ability to adjust these band. Keep in mind that each stock will act in it's own unique and characteristic way. Looking closely at the stock's historical data, both in longer and shorter time periods should provide you with some insight into the normal variations and fluctuations of this particular equity. Below EBAY provides an example of this.
Access this Genie indicator for your Tradingview account, through our web site. (Links Below) This will provide you with additional educational information and reference articles, videos, input and setting options and trading strategies this indicator excels in.
Moving Average Responsive ATRThis is an experimental moving average that gets more sluggish when the volatility increases.
It has two parameters:
- Period, the period for the average true range calculation.
- Responsiveness, higher value more responsive (range: 0.001…1.0)
Candle Information Panel//This indicator shows Day's candle measurements with past averages. First column shows the candle details for the present day.
//"Open - Low", "High - Open", "Range(=High-low)", "Body(open-close)"
//Averages are calculated for occurences of Green and Red days. Up Averages are for Green days and Down Averages are for Red days.
//Average are not perfect calculations since occurences(of Red or Green) will vary within the timespan used for averages.
//This can used to guage general sense of probability of the price movement.
//e.g. if the Open to Low for a day exceeds UpAv value, then there is higher likelihood of day being Red.
//similarly, trade can be held in expectation of price reaching the DnAv and stop loss can be trailed accordingly.
//Not a perfect system. But something to work on further to increase price action understanding.
//Be careful on days where consecutive 3rd Highest High or Lowest Low day is made and also on the next day after such day. Prices may turn direction at least for a short while.
Complete Credit goes to @pinecoders who gave me the main script on tradingview chat room.
Stop ATRStop based on price volatitlty.
It uses ATR indicator multiplied by a factor as a reference for protective stop.
BlackPika XBTUSD AlgoIntroducing the Blackpika Algo for XBTUSD and other pairs on crypto for smaller timeframes (< 1H).
Ideally, it is to be used on XBTUSD bitmex on 5m/15m/30m Interval.
Sensitivity adjustement is available to the user to fine tune on each timeframe and pair.
The script's basic foundation is on ATR, volatility, RSI, StochRSI, Donchian channels.
No repaint. Alerts available for all signals including take profit signals.
Trailing ATR StopsThis script plots a trailing stop of the ATR multiplied by a user-defined number. Since it is meant to be used as a trailing stop, the value doesn't fluctuate with the price as a normal ATR indicator does, but stays fixed unless price moves away from it. In that case it follows the price. If price crosses the stop level, it resets itself based on current price and starts trailing all over again.
User Settings:
Support - Use for a trailing stop while long
Resistance - Use for a trailing stop while short
Both - Acts like a channel and can spot periods of lower volatility
RJT - Trading ZonesThis is the Visual Indicator component of my Trading Zones System; other indicators are the Trade Visualiser and Trader Placer.
This indicator is based around a convergence and divergence of moving averages. As the signal line moves into the yellow "zone" from below a long position is opened. This position is closed and reversed when either the upper or lower boundary is crossed downwards by the signal line. This is all reversed for short trades.
The channel is created by adding a factor of previous values, from a configurable period, to an exponential moving average of the signal line.
Best used on the Daily timeframe of any Forex or Commodity market, but is successful on all timeframes.
Go Long when background turns from Red to Green.
Go Short when background changes from Green to Red.
Signal Smoothing = Length of signal period
Signal Look back period = Period of look back for highest value (when long, lowest value when short) to create channel width
Channel multiple= Multiple of highest value to be added to EMA of Signal to create zone (larger number = wider zone)
