Hello guys, I would like to introduce you volatility support and resistance horizontals. It draws line horizontal on high and low vhighly volatile candles. You can select lines on this timeframe and/or another one. It's done in the same spirit like my other indicators for horizontals The colors are dynamic depending whether price is below or above the...
To appreciate dear Mr.Khakestar efforts I have converted his mt4 ATR formula to pine script. All credits go to him. you can view the ATR result of each candle in the past: The first black number is the ATR of the M1 chart. The second black number is the ATR of the M5chart. The third black number is the ATR of the M15 chart. The fourth black number is the ATR of...
Abstract This script computes the strength of pin bars. This script uses the corrent and the previous two bars to compute the strength of pin bars. The strength of pin bars can be also comared with average true range, so we can evaluate those pin bars are strong or weak. Introduction Pin bar is a popular price action trading strategy. It is based on quick price...
Made this to signal when the criteria is met for a "Bollinger Band + Keltner Channel Squeeze" signal. This is when one or both of the Bollinger Bands come inside the Keltner Channel. When this happens the bars are highlighted. The idea of this script is to clean up charts as much as possible. Bollinger Bands are measures of standard deviation from a simple...
I developed a different strategy perspective for the Profit Maximizer PMax indicator prepared by Kıvanç Özbilgiç. When you come to the settings section; - You will see 2 options as Straregy Type. You can test the price and pmax intersections as different strategies. - I added the Long-Short option for spot traders to calculate the profitability rate correctly....
If you want to get an idea if the current range (low to high) is extended or not? This script should help you to get an idea relative to the ATR. Further comments you find in the script. Feel free to modify upon your needs. Jonas NB: Due to issues around the "security" function, the recommended patch of Trading View was implemented.
SAD - ATR with a utility tune-up. Similar to ATR, SAD finds the true range of an asset. Unlike ATR, which is a rolling indicator, SAD is session based, simliar to VWAP. This gives it a great advantage over a regular ATR, where one must determine if their ATR level is statistically significant or not. SAD makes it easy for you to analyze statistical anomalies...
This strategy trial is let you to giving sell and buy orders with ATR (average true range) and an coefficent for them. it is my first strategy work, needs to be upgraded. USE IT WITH YOUR OWN RISK. IT IS NOT EVEN GUARANTEED TO WORK.
2 agitated candles falling inside ATR range, awaiting possibly a big move. Buy / Sell signals at combined high / low can be used as order with other as stop loss. Counter trade, when this minimal stop loss is hit, is also as useful. However, wait till the SL candle closes, before opening position on the other side. Works quite well on 15 mins chart, with settings...
The indicator indicating ATR-based Stop Loss and Take Profit values, which I made inspired by the videos of Okan Yorgancı. You can set the SL ATR value and TP ATR value from the settings. ---- Okan Yorgancı'nın videolarından esinlenerek yaptığım ATR tabanlı Stop Loss ve Take Profit değerlerini belirten indikatör. Ayarlardan SL ATR değeri ve TP ATR değerini...
It’s very simple – all it does is calculate your stop loss with trailing stop price. How It Works Blue is the current ATR (pips). Green is your trailing stop-loss price for Long Red is your trailing stop-loss price for Short . Settings ATR Length: Your ATR Length Multiplier: ATR multiplier. For example, if you want to use a 2x ATR stop, set to 2.
Hello Guys, I would like to introduce you the ATR color zones with volume radar indicator. It's a fork of @GlobalMarketSignals "GMS: Mr. Yen's Color Zone" shout-out to him. I have enriched it -> that zones are calculated based on the ATR and percentages as described below and volume radar on candle bars. You can select from which timeframe color zones are...
This trading strategy uses combination of the Ichimoku Kinko Hyo system with Fibonacci numbers based 13/21/55 exponential moving average ( EMA ) crossover, giving good results in various trending assets ! Also has the Trend-following indicator combining SuperTrend with Chiku breakout from Ichimoku is added in order to confirm trend pattern. The Ichimoku Kinko Hyo...
Muti Time Frame - Trend Analysis How does it work ? Price movements over range of period is to compute the trend forward. This script used SuperTrend (ST) , ATR and RSI to determine the trend and direction so that a buy sell decision can be made To Indicate the strength of the trendline , RSI is computed over multiple timeframes and then used to in...
This ATR + PSAR Trailing Stop indicator is unique. It comes with new ways of calculating ATR and PSAR to enhance performance and accuracy as well as give clarity in trends. The indicator can be used standalone or as a part of your current trading strategy. ATR + PSAR Trailing Stop (Expo) is a trailing stop indicator that combines ATR and PSAR to enhance the...
I created this script with a simple goal in mind: Automatically plot trend-lines for a given interval with a resolution that fits the period chosen. To accomplish this I used a combination of the following: Ichimoku Spans and Ichimoku Span Width. ATR and standard deviation from the ATR of the Ichimoku width. Rolling MACD with directional RSI for coloration...
Version 1.0 of our TMA Bands is a visual of areas of interest. The purpose of this indicator is to determine where the price will likely bounce or reject. When an asset is ranging, it very well respects the neutral (middle) zone. The highest RR trade setups are when the price goes from one end of the bands to another. The bands included are of an ATR multiplier...
This script should give you a quick idea how far your stock has moved intraday compared to the ATR.