Script highlights signal bars for tfc3.ru school trading strategy. Working timeframe D.
Calculates the Average Daily Range for the past 14 days high - low.
A simple yet configurable indicator that shows recent traffic volumes. The time period is specified as weeks/days/hours/minutes, not as bars. Set the volume period to non-zero if you want to use a generalized double EMA instead of plain. The "ratio" option will show the size of the current volume compared to the average volume as computed for the specified time...
A simple yet configurable indicator that shows recent traffic volumes. The time period is specified as weeks/days/hours/minutes, not as bars. Set the volume period to non-zero if you want to use a generalized double EMA instead of plain. The ratio option will show the size of the current volume compared to the volume in the specified time period (expect to see...
I am republishing this indicator as something changed within TradingView's script engine so that the old script ceased to function ( a minor syntax error that used to be acceptable but no longer is). Anyhow here's the fixed version which as you can see has done a great job of keeping us on the right side of the trend with once-hot stocks like Skyworks !
Plots a band of width 1 ATR around the midpoint (HL2) Settings: - Length of ATR
What about to display Stochastic Oscilator in EMA-ATR Bands? If you like the idea I would code advanced version
Overlays the Average True Range high/low over Price. Shifts between support and resistance levels (based on ATR-21) according to price trend and breaks. Average true range: en.wikipedia.org @EmpoweredTrader
EXPERIMENTAL: Experiment using Linear Regression based on %atr for decay(decay option is a mutiplier for the atr).
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.
This is ATR in pips. This was requested by user @ElixiumCapital. ATRPIPs in his words: "ATR PIPs is useful for finding markets with your desired amount of volatility, for example I prefer to trade forex pairs with the highest amount of volatility in the past 5 days, setting the length parameter to 5 days. And setting my stop loss at 25% to 33% of the the...
If You are using a percentage of the Daily Average True Range in determining your stop placement, this quick indicator is for You. excerpt from investopedia.com/articles/trading/06/stopplacement.asp ATR % Stop Method The ATR% stop method can be used by any type of trader because the width of the stop is determined by the percentage of average true range...
The Default Average True Range doesn't appear to be accurate, not sure why. Rewrote it, hopefully it works better for everyone than the original.
update: As far as my algorithm design will take me this is it. So It's complete in my eyes. Here is a "working" version of something I've been looking for for a long time: "Flex" Renko Charting. Bricks' sizes are determined by ATR and are set by simply choosing a resolution for the ATR calculation. No need to go in and choose renko granulation(resolution) AND...
In this chart we can see an adaptation I made of an indicator a certain fellow named nanningbob uses in one of his trading systems. It's a great thing to have, since Forex pairs are mostly ranging markets. It captures price movement very well, and gives realistic take profit levels, without having to risk major drawdown if used wisely. Hope you like it and find...
CM_MTF ATR Bands/Stops Many Options Available Via Input Tab: -Chart Defaults to Upper and Lower ATR's Based on Current Chart TimeFrame -Ability to Plot either Upper and/or Lower ATR's -Ability to Change the Time Frame ATR's are Based On! -Ability to change Look Back Period and ATR Multiplier Individually for Both Time Frames -This Gives you the ability to plot...