These 3 indicators can be really useful. The usage is fairly straightforward, if you understand price action, having an statistical edge like these provide can be useful. Refer to Tim West's charts to learn more about range expansion bars. The idea for the Atr% and Atr timer come from discussions I had with Yacine Kanoun, props to him for his contribution.
can you explain how to use this indicator ... i dont see any ref on internet regarding Yacine Kanoun... anything art is always interesting, you never know what you might stumble upon
mikec1985
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@anacondabitch, it seems very similar to the Larry Williams Panic Stop indicator. This can show you areas of over sell and potential spots to get in during a bear market.
IvanLabrie
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Came out wrong:
study("R.E.Signal", overlay=true)
rangeup = close[1]+tr[1]
rangedown = close[1]-tr[1]
over() => high > rangeup and close > open
under() => low < rangedown and close < open
barcolor(over() ? green: under() ? red : na)
ChartArt
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Please post a pastebin with the entire final code version. Thank you :)
IvanLabrie
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Yes, I'll do that.
kot8822
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Hello Ivan - have Broblem - script can't work - read 11 -14 line - have broblem ! )) Pls Help !
IvanLabrie
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Which one?
kot8822
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a y speak Russian ?? mai English not Good!)
IvanLabrie
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Sorry, only my name is Russian, I'm from Argentina, only English and Spanish.