Average Daily RangeBlack Line - 10 day average daily range
Red Line - 1.5 black line
Green Line - 0.5 black line
White Line - Current day's range
Cari dalam skrip untuk "range"
Rolling midpointsThe script made for research purposes which plots these statistics of a given window: Mid-range (max + min)/2, Lower midpoint (mid-range + min)/2, and Higher midpoint (mid-range + max)/2.
This could be interesting when checking periods with sample size <= 0, or checking distros with srs kurtosis values.
Mean & median are also there.
VWAP MVWAP with Opening rangeThe indicator plots the opening range of different time frame useful for intraday for range breakouts. It is combined with VWAP and MVWAP( EMA on VWAP ) to look for low risk areas to take positions and also filters whipsaws
Average Range TargetsThis super simple script helps spotting possible turnarounds and targets on intraday level.
The average daily range is calculated over a period of 20 days, which is approximately a trading month.
The black lines indicate the upper and lower range targets, moving closer with each new intrady high and low.
As you might recognize, in most cases the price is about to turn when one range target is hit.
The red and green lines are showing previous day's high and low as referneces.
Enjoy!
Warm regards,
Constantine Trading
Average True Range BandsAverage True Range Bands
The 30-day Average True Range is useful in Futures and Forex trading for placing stop orders for entry.
In the example above, a trader may want to initiate a Short position on a break below the support trendline.
A good place to enter this trade would be a price break below the support trendline minus 50 to 100% of the current ATR value.
ATR Bands provides a useful visual overlay of the current ATR value above and below the current price to speed up order entry decisions.
Average Range Convergence DivergenceHi there,
It's a script that plot the ATR (Average True Range) and ADR (Average Day Range) together and do an histogram of it. The histogram is the difference from ATR to ADR, I believe that it shows the average GAP in the asset. So I can easily found the offset to use when defining my stop.
PT
Esse script desenha o ATR (no profit True Range) e o ADR (media da diferença entre máximas e minimas) junto da diferença entre essas médias em formato de histograma. O gap médio de um ativo é mostrado no histograma.
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
expected range STUDYThis is an indicator that measures how much price movement (low to high) we've seen in a set of 1 bar back, 2 bars back, 3 bars back, 5 bars back, 8 bars back using the Fibonacci sequence up to 89 bars back, and then measures how low or high within each range we are, sort of like giving a rating of 0 for sitting on the lower Bollinger Band and a rating of 100 for sitting on the higher Bollinger band. It combines all the data and weights the data by the historical strength of signal from each length of bands. It's been tuned to a 2 hour XBTUSD chart, but it could be used on other things and other timeframes too. Some tweaking would be needed, though. The final result works more like a trend following indictor than and indicator that tries to pick an exact trend reversal point. However, you're free to use it how you want. Frequently you get a nice red or green spike up showing you when the bottom or top is in, but sometimes those spikes are just the start of an extended down move or up move.
On the chart, a buy (long) signal is generated when the green line crosses up above the orange line. To make it extra clear the background is green when you should be long. A sell (short) signal is generated with the red line crosses up above the yellow line. The background will be red when you should be short. If the background is black, it's indicating a profit of over 53% was taken and it's waiting for another trade to start. Up to you to take profit or keep riding your trade.
For XBTUSD trades, a full take profit on any trade exceeding 53% gains works nice (on 1x leverage) and a stoploss of -7% works quite nicely too. One could use this on up to 2x leverage but I wouldn't recommend going much higher. Have fun. Trade carefully. Don't get rekt.
I will release the "expected range STRATEGY" to go along with this so you can do your own backtesting.
Disclaimer: I haven't tested the alerts, but they should work. Use at your own risk.
The Multi-day Central Pivot RangeThe indicator is a Multi-day CPR.
It shows CPR range as per yesterday's HLC and also CPR range for last n number of trading sessions.
For example: If you mention the value as two in Multi-day CPR (blue color) then it calculates the CPR using HLC of the last two trading sessions.
Also, the daily CPR is designed in such a way to highlight Virgin CPR (purple color) separately from the normal CPR(fuchsia color) .
FXN - Asian Session RangeThe Asian Session Range is an indicator that draws a box around the Asian session range which runs from 20.00 pm to 02.00 am EST. It then provides lines that extend into the London and New York sessions that identify the high, low and mid-range of the Asian session.
The indicator is designed to be used on the 15 minute timeframe, although it does work on any timeframe up to a from 1 minute to a 4 hour chart, after which the indicator does not make any sense. All settings from session times, line width, style and colors can be changed through the settings, with the default configuration being for the Asian session and the light-themed user interface of TradingView.
lefrog_Price Range WaveformThe Price Range Waveform calculated the difference from the open to close in percentage based.
The "Critical Range" input field lets you calibrate the zone above which a background color will be triggered.
Very useful in evaluating price expansion/contraction cycles and probable bottoms.
Works on any ticker and any timeframe.
Modification of the "Critical Range" default value may be mandatory.
Average True Range Trailing Stops TFAverage True Range for trailing stops, can be set to any timeframe independently of currently-displayed timeframe
This indicator is derived from
but more customizable.
Many thanks to HPotter for the original version
ka66: Average RangePlots the average range of current symbol, in a particular resolution (daily by default) averaged across a configurable period (20 by default). Increase or decrease precision through the UI to make it better applicable to your instrument. The default precision is set to 4, useful for most forex pairs pip counting (multiply by 10,000 to get the pip value). But for USDJPY, you might change it to 2 (multiply by 1,00 to get the pip value). Range is defined as (high - low).
For different measures of ticks, you can set the Scale Multiplier input to adjust the scale by some factor. Deliberately allowing floats. In the Forex example, if you did not wish to mentally calculate pips, you would set the multiplier to 10,000 for 4-decimal place pairs and 100 for 2-decimal place pairs. Defaults to 1.
Inputs:
Resolution, the timeframe to use
Averaging Period, no. of past bars to average over. Just using a simple moving average.
Scale Multiplier, a positive integer value to multiply the scale by
HMA ATR Range v2In Alan Hull's books he talks about his 'range indicator' which is the HMA and ATR to give buy / hold / sell signals.
It is the HMA with the ATR SL with the Trend and (ATR multiplier * Period) + HMA for the TP (upper range)
Average Pivot Range - JDThe "Average Pivot Indicator" is an alternative to the "Average True Range"
and is based in "pivot points" calculated with a Jurik ma, (same as the "Zero-Lag"ZigZag")
the indicator calculates the range in the price swing between the two last pivot points.
A green/red candle shows the range that price has risen/fallen since the last swing low/high
As with the normal ATR, this can be used to set price targets, stoplosses, to gauge volatility,...
I added an option to insert a commission/fee percentage to make it easy to see if a timeframe is worth trading
or if you will likely get "eaten" by fees.
(note the fee should be entered per transaction!! The indicator will calculate it one time for entry and once for exit)
The indicator can be displayed in percentage (upper chart) or in absolute value/ticks (lower chart)
The normal ATR is added too, so you don't have to chose which one you add to your chart! ;-)
if you find other uses, please leave your ideas in the comments!
Shoutout to Everget for the awesome Jurik code!!
JD.
#NotTradingAdvice
#DYOR
I build these indicators for myself and provide them open source, to use for free to use and improve upon,
as I believe the best way to learn is toghether.
Normalized Average True RangeThis indicator was originally developed by John Forman (Stocks & Commodities, V.24:6 (May, 2006): "Cross-Market Evaluations With Normalized Average True Range").
Mr. Forman uses a normalized average true range indicator to analyze tradables across markets.
Good luck!
Opening Range - 30m range based on Chris Moody'sThis is a very simple 30-minute opening range script based on Chris Moody's.
It simply highlights the high and low of the opening 30-minutes of trading on a day chart.
This high/low often holds as the range for the day, or can signify an early breakout, often acting as support/resistance once the breakout occurs.
Day25RangeDay25Range(1) - Plot on the candle the 25% low range of the daily price. This helps to show when the current price is at or below the 25% price range of the day. Best when used with other indicators to show early wakening strength in price. On the attached chart, if you look at Jan 23, 2018 you will see a red candle that closed below the 25% mark of the trading day. For that day the 25% mark was at 38.66 and the close of the day was at 38.25 That indicators a potential start of a strong swing trade down. A second signal was given on Jan 25, 2018 when a red candle closed (37.25) below the 25% mark (38.08) again. Within the next few days a third weak indicator signaled on Jan 30,2018 with a close (35.88) below the Day25Range (37.46). price continued down from there for the next 4 days before starting to reverse. If the price closes below the 25% daily range as shown on the Day25Range(1) indicator, this could indicate a possible start of weakening in the price movement.
Day75RangeDay75Range(1) use to plot the 75% range of a trading day. I use a CIRCLE or DOT to indict the 75% range of the trading day.
Moving Average Range Channels [DW]This study is an experiment based off the concept used in my Dynamic Range Channel indicator.
Rather than using a McGinley Dynamic, a moving average of your choice is used in this calculation.
There are eight different moving average types to choose from in this script:
- Kaufman's Adaptive Moving Average
- Geometric Moving Average
- Hull Moving Average
- Volume Weighted Moving Average
- Least Squares Moving Average
- Arnaud Legoux Moving Average
- Exponential Moving Average
- Simple Moving Average
For a more refined picture of volatility, I've added upper and lower extension channels. They are calculated by adding the upper half range to the channel high, and subtracting the lower half range from the channel low.
The new custom bar color scheme indicates trends, midline crosses, MA crosses, and overbought and oversold conditions.
SD - Average Daily Range - Daily Weekly Monthly YearlyAverage Daily Range ('ADR') Indicator for TradingView
This script is based on the "Best 'ADR' Indicator for MT4" described at www.fxdayjob.com
Inputs:
Number of 'ADR' Back - Set the number of calendar days back to plot historical 'ADR'. The default value is 7.
Non-trading days are not taken into account.
A value of 7, for example, would display only 5 'ADR' for a 24x5 market.
Number of 'AWR' Back - Set the number of calendar weeks back to plot historical 'AWR'. The default value is 0.
Number of 'AMR' Back - Set the number of calendar months back to plot historical 'AMR'. The default value is 0.
Number of 'AYR' Back - Set the number of calendar years back to plot historical 'AYR'. The default value is 0.
'ADR' Length parameter - Set the length parameter of 'ADR'. The default value is 1.
'WDR' Length parameter - Set the length parameter of 'AWR'. The default value is 1.
'MDR' Length parameter - Set the length parameter of 'AMR'. The default value is 1.
'YDR' Length parameter - Set the length parameter of 'AYR'. The default value is 1.
See also:
- www.fxdayjob.com
- pivotboss.com
- www.jarrattdavis.com
ChartMojo Opening 1 min. range -V1Opening 1 min range script. Many view (floor traders) the opening minute as how the overnight energy gets delivered to the market and is an important gravity -3.55% area, with its own support and resistance . There are probabilities (roughly) in some instruments that price tends to have a high percentage of returning to the range at least once in 2 days. In my experience it returns to it often on most days. On chart example here..(especially in futures ) price tends to return to it often and in this case when it returns from the bottom..sells tend to stack up in front of it on the first approach several tiers deep. Price tends to reverse on this range..if it breaks through it, it often marks a shift in trend. Try it for yourself. For me it's indispensable. Wave structures often start and end (exhaust) there. Also the relationship of the previous days opening range is shown..which can show an important relationship (trend). It's an interesting shift thinking in terms of opens rather than closes. Many view trend and market structure from the open to be the most relevant, and the opening 1 min range is an important element. Enjoy. I like to use this with my trading time zones. Might want to reference Pivots , Patterns and Intraday Swing Trades by William Scheier.
