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Average True Range (ATR)

Position Sizing w/ ADR&ATR TrackingScript to use for position sizing based on portfolio size, max position, and max loss inputs. The option to use custom entry and stop are available, but default to last price for entry, and Low of Day (LoD) for stop. The ATR % is a measure of the low of day to current price as a percentage move. Credit to LonesomeTheBlue for the base code on position sizing and TheScrutiniser/GlinckEastwoot for ADR formula -Nelgoth, best of luck
Pine Script® indicator
by Nelgoth
4
MATR 4H Strategy - UpTradingEN // MATR 4H Strategy - UpTradin Use 1: This script is effective for all assets. Find out how to get the best performance. This indicator offers several possibilities: - Only in TimeFrame 4H. - The gray curve shows you the trend. You should not trade against it. - Once the trend is established you can buy or sell according to the Buy and Sell sign. - When the orange point (warning) appears you must remain attentive to a continuation of the movement or a reversal. Use 2: You can program limit orders using the green or red stripe. These are two bands that anticipate the high or low point of the price. Legend: - The gray line is an Ema 20 based on a Daily TimeFrame. - The orange point means a continuation or a reversal. - Buy means a buy zone. - Sell means a sales area. - The green curve allows you to program a limit order to buy. - The red curve allows you to program a limited order to sell. Operation: This script works from an ATR programmable according to your needs and correlated according to an Ema. It also shows you the trend in a single one thanks to an Ema 20 based on Daily data. FR // MATR 4H Strategy - UpTrading Utilisation 1 : Ce script est efficace pour la totalité des actifs. Découvrez comment obtenir le fonctionnement idéal. Cet indicateur offre plusieurs possibilités : - Uniquement en TimeFrame 4H. - La courbe grise vous indique la tendance. Il ne faut pas trader contre celle-ci. - Une fois la tendance établie vous pouvez acheter ou vendre selon le signe Buy et Sell. - Lorsque le point orange (warning) apparaît vous devez rester attentif à une continuation du mouvement ou d’un retournement. Utilisation 2 : Vous pouvez programmer des ordres limites grâce à la bande verte ou rouge. Il s’agit de deux bandes qui anticipent le point haut ou bas du prix. Légende: - La courbe grisée est une Ema 20 basée sur un TimeFrame Daily. - Le point orange signifie une continuation ou un retournement. - Buy signifie une zone d’achat. - Sell signifie une zone de vente. - La courbe verte vous permet de programmer un ordre limite à l’achat. - La courbe rouge vous permet de programmer un ordre limité à la vente. Fonctionnement: Ce script fonctionne à partir d’un ATR programmable suivant vos besoins et corrélé suivant une Ema. Il vous indique également en une seule la tendance grâce à une Ema 20 basée sur des données en Daily.
Pine Script® indicator
by Apexting
3
Open Range Breakout with TSLThis ORB with TSL Indicator Session Time is Indian NSE and BSE Equity Market This indicator Provide you 2 type Setup Opening Range Plot Only for Observation 1st Range Breakout = Long 2nd Range Breakout = Short How to work This Indicator? When Market is Open This Indicator automatically Plot Opening Range High and Low, if Market bullish & Candle Close above Opening Range high When This Indicator automatically Plot 1st Range High and Low if You Want to 1st Range High Plot Crossingup any Candle You can Also Add Alerts if Market Bearish & Candle Close Below Opening Range Low When This Indicator automatically Plot 2nd Range High and Low if You Want to 2nd Range Low Plot CrossingDown any Candle You can Also Add Alerts If you Have any Suggestion please mention here Thank you so much This Also Automatically start trailing SL on basis of ATR
Pine Script® indicator
by u_jalan
20
Dynamic Support And Resistance [CC]The Dynamic Support And Resistance Indicator was created by Mike Siroky (Stocks and Commodities pgs 14-18) and this is a handy indicator that will show you useful support and resistance levels no matter how the stock is doing right now. I have color coded the middle line to show buy and sell signals so buy when the line turns green and sell when it turns red. Let me know if there are any other indicators you want me to publish!
Pine Script® indicator
by cheatcountry
2
Bonito's Indicator v1What Are Fibonacci Retracement Levels? Fibonacci retracement levels are horizontal lines that indicate where support and resistance are likely to occur. They are based on Fibonacci numbers. Each level is associated with a percentage. The percentage is how much of a prior move the price has retraced. The Fibonacci retracement levels are 23.6%, 38.2%, 61.8%, and 78.6%. While not officially a Fibonacci ratio, 50% is also used.
Pine Script® indicator
by anilcanipsalali
2
[kai]mATRThis indicator is for calculating the volatility of any interval mTR (green line): TR is extended to calculate multiple bars at once with magnification setting. mATR (red line): ATR is extended to calculate multiple bars at once with magnification setting. dev (blue line): standard deviation If you turn on "divide source" in the settings, it will be the price volatility. dev will be the same as BBW このインジケーターは任意の区間のボラリティを計算するための物です mTR(緑線) : TRを倍率設定で複数のバーをまとめて計算する用に拡張したものです mATR(赤線) : ATRを倍率設定で複数のバーをまとめて計算する用に拡張したものです dev(青線) : 標準偏差 設定で「divide source 価格変動率」をONにすると価格変動率になります devはBBWと同じになります
Pine Script® indicator
by xinolia
NVME Support & ResistanceNVME Support & Resistance is unique compared to other S/R indicators out there because it provides users with automated analysis that can be done within a second and ours generate a highlight block rather than a solid line or dotted line and a highlight block is useful as it covers a bigger range compared to having dots and flat lines. Also, the zones will update corresponding to its lookback period, so if a new support or resistance is found then the block will move until that area is confirmed. Best with higher timeframes! This comes with all NVME scripts!
Pine Script® indicator
by Crypto_Samm
1
(JS) Interchanging ATR & VWAP BandsOkay so this is pretty simple, but I think it's a great tool for day trading especially. I just took the default VWAP and Keltner channel scripts and combined them together. The top option allows you to choose which one you'd prefer to use, "Use ATR instead of VWAP" . The next options, "ATR Source", "KC Length", and "ATR Length" are the parameters for the ATR Bands. "Number of Bands" allows you to choose how many bands you'd like to be on display (you can choose 1-8). "Use Expoential MA" and "Band Style" are more default parameters from Keltner Channels used to set up the ATR Bands. The "ATR Bands" are just stacked Keltner Channels separated by 1 ATR each, whereas the "VWAP Bands" are separated by standard deviation just like the default script from Trading View. In these example chart, you can see the weekly VWAP with 8 deviation bands and 5 ATR bands with Keltner Channels.
Pine Script® indicator
by J-Streak
2
ATR Break on chartThis script is putting one of my old trading method, ATR Break, on chart. It used to win many times in Dukascopy strategy contest a few years ago. Pine script is quite easy to learn and very powerful. So I coded it to have a quick view for ATR break on chart. The rule is simple: - Current close - open / Previous ATR(5) > alertlevel (1.2), long signal - Current open - close / Previous ATR(5) > alertlevel (1.2), short signal The script will display label on the chart with the value of abs(close - open) / Previous ATR(5) to feel the strength. I used to use the method on 5-min even 1-min chart. SL for 200 points and TP for 5-10 points
Pine Script® indicator
by Jesse.Lau
1
Rosebud Trend [DepthHouse]Rosebud Trend Indicator uses complex range calculations to easily detect trend changes, critical support and resistance levels, and even aid in spotting reversals. The Critical Support & Resistance Zones are plotted via the red and green cloud. This cloud not only visually displays the expected trend direction but often acts as major support and resistance zones. The outer band measures the expected range in which the assets trades within over longer periods of time. Users can switch the ‘Trend Sensitivity’ between ‘Low’ and ‘High’ to increase or decrease the rate at which the cloud changes. By altering the S/R Band Thickness users can furthermore increase or decrease the rate at which a trend changes by altering the thickness of the cloud. I prefer to keep these settings at 0.55 , 0.382, or 0.236. The bar colors are generated by a combination of Rosebuds primary function and our ATR AUTO Oscillator base functions. Users have 3 bar color options to select from: Simple, Complex, and Off . Simple: Bars colors alternate between shades of red and green based on the trend direction and the ATR Auto strength. Stronger the shade, the stronger the trend. Complex: This adds a few extra variables to the script which generates a more complex bar color display. Using this option, Rosebud will generate light red bars in a bull trend if downward movement is strong and vice versa in a bear trend. It also will generate a purple bar if the candle successfully closes above or below the Top & Bottom Range Bands; We call this a range break , and it could be an early sign of strong upward or downward movement. Off: In case you like to keep things even simpler, this option hides all overlay bar colors. Sample of Complex Bar Colors: Bull, Bear signals along with Up and Down arrows are too based on a combination of our trend direction and ATR Auto Oscillator calculations. Users have the option to adjust both bar color, and shape generation settings via: Smoothed Signal Option: Turns advance smoothing on or off. On will reduce signal noise, while Off could land you that perfect bottom signal with a lower success rate. Candlestick Length: Default factor for bar color and shape generation, higher the number the fewer signals that will generate. Candlestick Smoothing: Default smoothing for the Candlestick Length Signal Lookback: Adjust the factor at which Bull, Bear, Up, and Down. Lower this to 2 for more signals. Cross Thresholds: The lower this number the easier it is for ‘Bull’, ‘Bear’, and over extended signals to generate; see image below: *Users also have the option to hide all signal visuals via the 'Shapes' On/Off option. Users have multiple built in Alerts to choose from: Bullish Trend Change: When the critical cloud switches to Bullish Bearish Trend Change: When the critical cloud switches to Bearish Upper Range Break: When the price action closes above the Range Top Lower Range Break: When the price action closes below the Range Bottom Light Bullish Cross: Early bullish signal; also displayed by up arrows by default Light Bearish Cross: Early bear signal: also displayed by down arrows by default Verified Bullish Cross: Occurs when a Bull signal is generated. Verified Bearish Cross: Occurs when a Bear signal is generated. *Past performance is no guarantee of future results*
Pine Script® indicator
by oh92
31
Baus BandsThe Baus Bands are a simplified version of another one of my trend following indicators, the Neapolitan Bands. This version only shows the trend trading zones in green and red. An additional 21 EMA with an ATR band was added as part of my own trend trading rules using these bands. How do I read this indicator? Is the blue band between and not touching the green or red clouds? The condition is ranging. Is the blue band touching the green cloud? The condition is a bullish trend. Is the blue band touching the red cloud? The condition is a bearish trend. The trend trading rules are exactly the same as the default Neapolitans, but include an extra condition. A trend has started once 2 conditions are met: Price has entered either trending cloud. The 21 EMA ATR band in blue is within the same cloud. With those conditions met, if you expect the trend to continue, trade pull-backs to the blue band in the direction of the trending cloud. Isn't this just a 21 EMA trading pull-backs strategy? No. The 21 EMA alone is not sufficient in my opinion to define a range or trend technically. Always buying the 21 EMA pull-back, especially in a range, is not a great strategy by itself unless you've already identified price as trending. Baus Bands adds that trend identification. Why make this? Baus Bands show the conditions I personally use for catching trends and identifying ranges with these indicators, and shows only the information I use. What's the purpose of the ATR band around the 21 EMA? Sometimes price will open and close below the 21 EMA and cause some technical analysts will say the trend is over. I added the ATR specifically to get a volatility based, upper and lower bound range around the 21 EMA. that way I have an acceptable price range where price could move past the 21 EMA and still keep a trend valid using similar rules. I then saw that so long this ATR band (not the 21 EMA itself) was touching those trending clouds, then the trend has a good chance of continuing as long as that was true.
Pine Script® indicator
by joebaus
3
ATR Daily Levels Band NakitxuAverage True Range What Is the Average True Range (ATR)? The average true range (ATR) is a technical analysis indicator, that measures market volatility by decomposing the entire range of an asset price for that period. The true range indicator is taken as the greatest of the following: current high less the current low; the absolute value of the current high less the previous close; and the absolute value of the current low less the previous close. The ATR is then a moving average, generally using 14 days, of the true ranges. This script is an especial request of a TradingView user. Shows 5 levels based on ATR daily, plotted in wherever timeframe you are using: level 1: prv day ATR + prv day close level 2: prv day ATR + prv day high level 3: level 2 - prv day ATR level 4: prv day close - prv day ATR level 5: prv day low - prv day Only show the levels if you are in a timeframe daily or lower than daily.
Pine Script® indicator
by Nakitxu
1
Overbought/Oversold BandsThe basis of this script is my "Hybrid Overbought/Oversold Detector" which uses many different oscillators to confirm overbought/oversold conditions. The main idea is to generate higher and lower bands around the desired moving average using an average of the volatility (ATR) and the standard deviation (StDev), of course by interfering detected overbought/oversold condition. Simply put, the more the asset become overvalued/undervalued, the tighter the channel would be and every breakout of the bands announces a return back into the channel in near future. By default, the multiplier of the standard deviation in the indicator settings is set to 2 which means only less than 5% of price actions would appear outside the bands. Also the default multiplier of the ATR is set to 3 which leads to some similar result, but to achieve more strict results setting StDev multiplier to 3 and ATR multiplier to 4 would be useful. The type of the central moving average could be picked up from 6 different types which are: - SMA (Simple Moving Average) - EMA (Exponential Moving Average) - HMA (Hull Moving Average) - LSMA (Least Squares Moving Average) - TMA (Triangular Moving Average) - MAEMA (My Personalized Momentum Adjusted EMA) The latter one leads to a useful combination of the channel with the momentum. Also the script has multi-timeframe features and the user could apply calculations from other time frames to the current chart. Hope the idea would be helpful!
Pine Script® indicator
by informanerd
2