[RS]MTF CATR Stop Hunt Levels V0

Euro Fx/U.S. DollarFXCM

Description

⋅ Aug 7, 2015 5:16 PM

EXPERIMENTAL:
Adaptation from stop hunt levels:
tradingview.com/script/YyvQ06Gr-RS-Stop-Hunt-Levels-V0/
Uses timeframe and atr to set ranges.

Comments

algoexperts

⋅ Jun 16, 2020 2:00 PM

Plz explaine how it draw level.So it is easy to use.

WBK306

⋅ Dec 24, 2019 9:05 AM

best script ..............

aaryan47

⋅ Dec 7, 2020 4:28 AM

Hi,

Its a nice script.

Can u pls explain the below line.. :)

catr(_m) => (cum(tr)/(n+1))*_m

RicardoSantos

⋅ Dec 7, 2020 8:56 AM

@aaryan47, cumulative true range multiplied by _m factor

aaryan47

⋅ Dec 7, 2020 9:09 AM

@RicardoSantos, Thanks for Quick Reply..

One last Question..

What is "n" value..?

RicardoSantos

⋅ Dec 7, 2020 9:10 AM

@aaryan47, on newer versions of pine its "bar_index": number of current bar

aaryan47

⋅ Dec 7, 2020 9:19 AM

@RicardoSantos, Ok.. Thank u... :)

tendollarshipping

⋅ Jul 11, 2023 9:50 AM

sir
it repaints

mauriciorodriguesf

⋅ Mar 10, 2023 6:16 PM

I would like some explanation and example how this indicator works, where can I get it?