ATR + Price Action by [Dr.K.C.Prakash]

ATR + Price Action by [Dr.K.C.Prakash]", and it is designed to generate low-noise buy and sell signals based on:

Price Action Structure (higher highs/lows, lower highs/lows)

Volatility measured by ATR (Average True Range)

Trend Direction using an Exponential Moving Average (EMA)

Candle Strength via body size relative to price

🔧 Inputs
ATR Length & Multiplier: Filters out weak moves by requiring candles to exceed a volatility threshold.

EMA Length: Defines the trend direction; trades only in the direction of the trend.

Swing Lookback: Used to detect higher highs/lows or lower highs/lows for trend confirmation.

Min ATR Filter: Avoids signals during very low volatility.

Min Candle Body %: Ensures candles have meaningful movement (filters out doji/spinning tops).

Re-entry Cooldown: Prevents repeated signals within a short time window.

🔔 Alerts
Alerts are set up for both buy and sell signals, so you can receive notifications when trade opportunities appear.

✅ Summary
This is a trend-following + momentum breakout indicator that reduces false signals by combining:

Directional bias (EMA)

Price structure (swings)

Volatility filter (ATR)

Strength filter (candle body size)

Cooldown (avoids overtrading)

It’s a solid foundation for manual trading or automated systems, particularly in trending markets.