OPEN-SOURCE SCRIPT
[A618] Trend Tracker using Chandelier Stop
Trend Tacker
Works on ATR concepts and uses "Chandelier Stop by pipCharlie" as its main engine
How it is calculated
> 2 ATR stop plots are plotted
> #one ATR stop is of current time frame
> other one is the 5 times multiple of the current timeframe
> Their crossovers are analysed with the close of Current Timeframe
> This sort of methodology can help one with generating consistent entry signals over a particular timeframe
> My timeframe of choice is : 5 mins
> I have used resolution of 25, for 5 mins (see 5*5 =25)
Credits:
Chandelier Stop by pipCharlie
Hope this helps!!!
Works on ATR concepts and uses "Chandelier Stop by pipCharlie" as its main engine
How it is calculated
> 2 ATR stop plots are plotted
> #one ATR stop is of current time frame
> other one is the 5 times multiple of the current timeframe
> Their crossovers are analysed with the close of Current Timeframe
> This sort of methodology can help one with generating consistent entry signals over a particular timeframe
> My timeframe of choice is : 5 mins
> I have used resolution of 25, for 5 mins (see 5*5 =25)
Credits:
Chandelier Stop by pipCharlie
Hope this helps!!!
Get Ocs Ai Trader, Your personal Ai Trade Assistant here
→ ocstrader.com
→ bit.ly/ocs_ai_trader
About me
AlgoTrading Certification, (University of Oxford, Säid Business School)
PGP Research Analysis, (NISM)
Electronics Engineer
→ ocstrader.com
→ bit.ly/ocs_ai_trader
About me
AlgoTrading Certification, (University of Oxford, Säid Business School)
PGP Research Analysis, (NISM)
Electronics Engineer
Açık kaynak kodlu komut dosyası
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publications is governed by House rules. Bir grafikte kullanmak için favorilere ekleyebilirsiniz.
Bu komut dosyasını bir grafikte kullanmak ister misiniz?
Get Ocs Ai Trader, Your personal Ai Trade Assistant here
→ ocstrader.com
→ bit.ly/ocs_ai_trader
About me
AlgoTrading Certification, (University of Oxford, Säid Business School)
PGP Research Analysis, (NISM)
Electronics Engineer
→ ocstrader.com
→ bit.ly/ocs_ai_trader
About me
AlgoTrading Certification, (University of Oxford, Säid Business School)
PGP Research Analysis, (NISM)
Electronics Engineer
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.