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racer8
Feb 1, 2021 7:06 PM

True Range Breakout [racer8] 

Bitcoin / U.S. dollarBitstamp

Description

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TRB (True Range Breakout) plots the current TR (true range) as well as the previous TR high over n periods. If the current TR is greater than the previous TR high, then the TR histogram will become red. Red signals high volatility. Enter trades only when the histogram is above the TR high line. Happy trading! 🥳
Comments
marquism
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um... I get the alert on close :(
I need it to work as it is moving lol
aadilshaikh030803
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Does the value of this indicator fluctuate or change over time?
aadilshaikh030803
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Would be great if you could clarify this
darthglaurung
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really simple and superuseful
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