ATR

EmpoweredTrader

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

RicardoSantos Wizard ที่อัปเดต: 

EXPERIMENTAL: Experiment using Linear Regression based on %atr for decay(decay option is a mutiplier for the atr).

IvanLabrie

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.

LazyBear Wizard

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...

netixen

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...

zachary.mickelson

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.

Zack_The_Lego

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...

IvanLabrie

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...

ChrisMoody Wizard

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...

pipCharlie

A modified verion of the Chande & Kroll's Stop indicator.

ChrisMoody Wizard

CM ATR PercentileRank - Great For Showing Market Bottoms. When Increased Volatility to the Downside Reaches Extreme Levels it’s Usually a Sign of a Market Bottom. This Indicator Takes the ATR and uses a different LookBack Period to calculate the Percentile Rank of ATR Which is a Great Way To Calculate Volatility Be Careful Of Using w/ Market Tops. Not As...

LazyBear Wizard

This is my custom channel (Bear Channel!? :)) derived from BB/STARC. It uses both ATR/STDEV for plotting the bounds. I use COG (Center of Gravity) for deriving the baseline. This enables it to track the price action better than many other channels that make use of MAs or simply "close". Indicator also marks "squeezes" (stdev bands come inside ATR bands). Pay...