Average True Range (ATR)
{INDYAN} GO WITH TREND V2This indicator has almost everything for intraday trading . There are two supertrends one with higher time frame and one at lower time frame, Due to which we can recognize reversal. If higher time frame supertrend is showing uptrend and minor is showing downtrend then better to avoid taking any trade in between. Both trend should be in same direction.
Tenkan and kijun is there to verify the trend authencity, check where the tenkan and kijun crossover is there or not at the time of reversal signal given by supertrends. It will boost trading chances.
Also VWAP is placed to know the current situation, If price is below VWAP go for sort if all other things match as above said.
HEMA LEMA is a EMA band and i found that it act as support and resistance, If price breaks channel with volume and sustain above/below for 2 candle close (TIMEFRAME AS SYMBOL).
Also placed FAST EMA to recognize the fast moving trend.
Pivot with CPR is there to trade on basis of CPR and Pivot.
For demand and supply traders, they can use blue and black candle for marking up zones. Blue is boring/base candle and Black is explosive candle.
I hope it will help my trader friends to recognize the trend and reversal.
Let me know if anything more we need to include or remove to make it better for everyone.
Happy Trading... Love INDYAN
#intraday
#hema-lema
#pivot
#cpr
#supertrend_reversal
#demandzone
#supplyzone
#tenkansen
#kijunsen
Volatility OptimizerI created Volatility Optimizer to test various volatility conditions and how they affect signals/indicators I create for my customer. It pits long-term, short-term and middle-term ranges against each other. Whichever is highest will also print a dot on the top of the indicator window.
Most indicators and strategies work well in only one area. Whether you differentiate market phases to contraction/expansion/trend or sideways/impulse wave/correction, Optimus might help you filter out wrong signals. For example, in the impulse wave, the shortest period range (Blue) should get quickly on top. If you are seeking opportunities in the correction phase, it is when red should be dominant.
The lengths of ranges need to be set based on your strategy and timeframe. If you look many candles back, the preset values probably need to be increased.
You may look are which volatility length average is highest. You might also look at which one is ascending or descending.
Good luck!
Wick SniperThis indicator is free to all Oasis Trading Group members.
The Wick Sniper was created to catch volatile moves that are extended from the mean. It uses an advanced ATR formula to follow price like a band, with an upper deviation and a lower deviation. I have also added a 1 candle offset so that the moves are not in "hindsight". Feel free to experiment with the inputs to find what is best for your asset.
For Access or Questions: Private message us. Thank you.
DA. Daily ATR (Pips) (10%)This is the Daily ATR Indicator that convert the ATR value into pips.
This script support the pair that contain JPY.
And show the 10% value of ATR in pips.
ATR Timeframe RangeThis indicator shows the ATR range on the daily or any other timeframe on your current chart. All settings are fully customize-able.
ATRxNIndacator shows price range calculated as previous closing price +/- ATR * multiplier
Setup options: multiplier, average type (RMA, EMA,SMA,WMA), Source and number of point to average
Индикатор показывает диапазон цен рассчитанный как цена предыдущего закрытия +/- ATR * множитель
Настраивается : Множитель, тип усреднения (RMA, EMA,SMA,WMA), Источник и Длина усреднения
ATR Stop Loss LONG/SHORT by melihgulerYou can monitor the stop loss level according to ATR in 2 ways (Long/Short).
Jackrabbit.modulus.ATRThis is the ATR indicator for the Jackrabbit suite and modulus framework.
This indicator supports differential timeframe analysis and confirmational bias. Timeframes supported:
1 Second, 5 Seconds, 15 Seconds, 30 Seconds, 1 Minute, 5 Minutes, 15 Minutes, 30 Minutes, 45 Minutes, 1 Hour, 2 Hours, 3 Hours, 4 Hours, 6 Hours, 8 Hours, 12 Hours, and 1 Day
The main indicatior and the confirmational indicator can both be individually tuned for the length of the Average True Range and smoothness lookback. When confirmation bias is enanled, the buy/sell signals are displayed appropriate to both charts. The ATR boundaries can be selected for when to trigger a signal independently of the primary and confirmation chart. On the chart, when it is visable, deeper reds are better buy signals. Deeper greens are better sell signals.
The Jackrabbit modulus framework is a plug in play paradigm built to operate through TradingView's indicator on indicatior (IoI) functionality. As such, this script receives a signal line from the previous script in the IoI chain, and evaluates the buy/sell signals appropriate to the current analysis. The results are either combined with the signal line, or used as confirmation to the signal line. A new signal line is generated for the next script in the link.
Buy/Sell alerts are produced, but this script is not designed or meant to function outside my framework.
By default, the signal line is visible and the charts are turned off. Signal line visibility is controlled by the Style tab, and the charts display is controlled by the indicator settings tab.
This script is by invitation only. To learn more about accessing this script, please see my signature or send me a PM. Thank you.
lowtimeframeDailyATRA simple script which marks the range highs and range low based on the daily atr.
ATR_bandCreates lower and upper band on BTCUSD chart based on ATR value of the previous day and daily open of the current day
Position Size CalculatorPosition Size Calculator
To calculate stop loss in pips, you can use my other indicator ATR pips
Average True Range % of PriceThis script easily shows in an indicator window the Average True Range % of Price, which helps people understand the volatility of an asset in % terms defined by custom MA periods for custom ATR periods.
The MA Period gives the average price.
The ATR Period gives the average range.
The Average Range / Average Price = Average Range % of Price.
Understanding the volatility of an asset can help people manage risk e.g. if an asset has a low entry cost, but very high volatility it may be more risky than another asset with a high entry cost, but much lower volatility.
ATR Trailing Stop by ceyhunSame coding only coloring and information panel was added.
CDC ATR Trailing Stop V2.1 (2013)
//Barcolor
Green = Trail1 > Trail2 and close > Trail2 and low > Trail2
Blue = Trail1 > Trail2 and close > Trail2 and low < Trail2
Red = Trail2 > Trail1 and close < Trail2 and high < Trail2
Yellow = Trail2 > Trail1 and close < Trail2 and high > Trail2
//It gives White color where there is deterioration.
//InfoPanel
Buy Price = Blue draws the circles at the purchase price.
Profit Long>20 = Risk level taken as a percentage, I got the highest 20%, you can determine as you wish.
Sell Price = Red draws the circles at the purchase price.
Profit Short>20 = Risk level taken as a percentage, I got the highest 20%, you can determine as you wish.
ATR _NormalizedThis script is good to use with Williams %R indicator, to find out when price has bottomed out.
ATR has to be over 90 and Williams %R ( lenght 52 ) has to be over 95 to find out level around which one is good to buy.
You can check back, to see that this worked very well over history. Best way to use this 2 indicators is with DCA ( dollar cost average ), as area where to buy can go a little bit down and up for as long as few months. So dont just jump in, use DCA .
CSA5Steps ATR Data WindowIndicators can be used to create a trailing stop-loss, and some are designed specifically for this function. When using an indicator-based trailing stop-loss, you have to manually move the stop-loss to reflect the information shown on the indicator. Many trailing stop-loss indicators are based on the Average True Range (ATR), which measures how much an asset typically moves over a given time frame.
If a forex pair typically moves seven pips every 10 minutes (the ATR would show this reading on the chart if using 10-minute price bars), the stop-loss could be trailed at a multiple of the ATR. For example, assume you buy a forex pair at 1.1520 and place an initial stop-loss at 1.1506; this is a risk of 14 pips. If the price moves in your favor, continue to trail the stop-loss 14 pips behind the highest price witnessed since entry. If the price rises to 1.1530, the stop-loss is moved up to 1.1516 (which is 1.1530 - 0.0014). Continue to do this until the price eventually hits the stop-loss and closes the trade.
TrenderTrender is a popular trailing stop indicator on the Bloomberg system and since I didn't have source code to work with, this is a close approximation of that indicator. Let me know if you spot any discrepancies and I will adjust accordingly.
This indicator is a trailing stop system along with a trend confirmation. When the blue line falls below the black line, that is a confirmation of a down trend and when it rises above the black line, it is a confirmation of an up trend. When the trender line is above the price, then that means the stock is in a general down trend and vice versa. I have color coded the trender line to show you when to buy or sell that stock to keep it easy.
This was a special request so let me know if you want to see more scripts from me or if you want something custom!
Fear And Greed IndicatorThe Fear And Greed Indicator is a very popular indicator on the Bloomberg platform and since I didn't have actual source code to work with, this is a very close approximation of that indicator. Let me know if you spot any discrepancies with the original and I will do my best to fix them.
For buy and sell signals it is pretty straightforward. Just buy when the green (greed) is in control and sell when the fear (red) is in control
This was a special request so let me know if you want to see more scripts from me or if you want something custom!
Fancy Bollinger Bands [BigBitsIO]This script is for a Bollinger Band type indicator with as many features as I can possibly fit into a Bollinger Band type indicator.
Features:
- A single custom moving average serving as the middle band.
- Standard MA inputs.
- MA type.
- MA period.
- MA price.
- MA resolution (time frame).
- Visibility toggle.
- MA Candle Type
- Fancy MA inputs.
- Toggle to show only candles included in the MA calculation ("Highlight inclusion") or display entire MA history.
- Toggle to show a ghost trail when Highlight inclusion is toggled on. Displays a shaded version of past MA history before the inclusion period (as seen on snapshot).
- Toggle to show forecast values for the MA.
- Other inputs related to forecasting:
- Forecast bias. (Neutral forecasts MA if the current price remains the same.)
- Forecast period.
- Forecast magnitude.
- Toggle showing details on the screen
- Toggle the visibility of the fill between the upper and lower bands.
- Toggle to use ATR instead of the standard deviation to calculate the location of the upper and lower bands.
- Custom input for the ATR period.
A couple of quick notes. The label will only show up if toggled on, and will always show above the highest of either the candle high or upper band. The fill colors are based on the level of %B currently on the indicator. Higher levels are green, and brighter green, while lower levels are red and brighter red. The fill is lighter in shadow areas to reflect their status as not being included in the middle band calculation.
*** DISCLAIMER: For educational and entertainment purposes only. Nothing in this content should be interpreted as financial advice or a recommendation to buy or sell any sort of security or investment including all types of crypto. DYOR, TYOB. ***
BKN ATR Trading RangeThis script allows you to view ATR extremes based on the open of the candle. Average True Range gives you the average move of an asset during a period of time. If you're viewing the Daily timeframe , The Average True Range represents the average size of a move that occurs in a one day timespan over the specified period. Reaching the upper or lower boundary could signify that a trend is reaching exhaustion as the asset is reaching it's expected move for the period.
You can manually set a timeframe to use for the ATR value. By default, we are viewing a Daily timeframe . For lower timeframe trading you may want to look at the hourly or four hour ATR range.
ATR By Time [Chart]What is ATR By Time (Chart)?
This premium indicator is a companion script to my ATR By Time indicator.
This companion script draws your stop loss price to the chart directly. In the above example, the black line represents a regular 1x ATR stop loss above and below price action, while the colored lines are the 1x ATR By Time indicator values when set to use the "Smallest ATR" in the settings menu.
When set to "Smallest ATR", the script calculates the regular ATR and the ATR By Time of Day and compares the distance of the two values. It then selects whichever value is smaller to be used as the stop loss, and adds or subtracts it to the most recent swing high or low (or the closing price if desired).
This allows for tighter stops and larger position sizing during certain times of day for aggressive traders when set to Smallest ATR, or wider stop losses during more volatile periods of the day for conservative traders when set to Largest ATR.
Stop Loss Distance Options:
- Regular ATR
- ATR By Time
- Smallest ATR
- Largest ATR
More Information
Similar to my RVOL By Time indicator, the ATR By Time indicator works on any market that has consistent trading session lengths . So it works best on Forex & Crypto, but also works on some Stock and Futures markets.
Instead of calculating the ATR based on recent price data like the regular ATR indicator, it calculates an ATR value for each candle based on that candle’s time of day .
For example, if you set the Lookback setting on this indicator to 14, then instead of calculating the ATR based on the past 14 candles, it will calculate an ATR value based on the past 14 trading sessions for each candle (as an average).
So in other words, your 10:00AM candle will show the average of the past 14 10:00AM candles rather than the past 14 candles leading up to that 10:00AM candle.
This is extremely useful for day traders in particular as it allows you to gauge the average range of candles during certain times of day instead of only by the most recent price action.
It also draws a regular ATR (optional) – so this is essentially an enhanced ATR script that gives you multiple readings on price volatility.
If you are interested in trying the script or you want more information on how the script works, there is more information available on my website including instructions on how to apply for a free trial: ATR By Time Feature Page .
Good luck with your trading!
Multi Timeframe ATRDisplays the ATR for the hourly, daily, weekly and monthly together in the Data window. Doesn't matter what timeframe you're looking at on the chart.
Note: You need to manually turn off the plot lines as they appear by default.