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DepthHouse - ATR Bands

DepthHouse ATR Bands is a FREE INDICATOR
Similar to the well-known Bollinger Bands.
Instead of using the standard deviation formula, ATR Bands determines the size of the bands based on the adjustable average range.
IF you use this FREE Indicator:
BTC: 1MLnVPqebcFTqYEVAKm9dSCRWhyNDmAb5W
ETH: 0xEEcD7Ce6E22AfA6083074c4CCd326Be0b1C932d9
How to use:
The bands tighten while the markets’ range becomes lower, and widens as its' range becomes broader. Giving the indicator a loaded spring effect.
A break outside of the bands in either direction indicates a possible breakout.
All 3 bands serve as possible support and/or resistance. Meaning breaks back into the bands could indicate a reversal, or end of the breakout.
This indicator is completely customizable, so compiling multiple sized bands on top of each other may create a strong competitive edge.
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IF YOU SUBSCRIBED
This indicator was intended to be available for purchase Jan 2018.
However, with recent change of mind I have decided to make it free to use.
IF you previously subscribed. I greatly appreciate your interest and I hope you enjoy this now FREE indicator!
Once again, thank you!
Similar to the well-known Bollinger Bands.
Instead of using the standard deviation formula, ATR Bands determines the size of the bands based on the adjustable average range.
IF you use this FREE Indicator:
- Please like and comment!
- Check out my channel on YouTube! youtu.be/b79-6P1BvSU
- Bitcoin and Ethereum Donations are always appreciated :)
BTC: 1MLnVPqebcFTqYEVAKm9dSCRWhyNDmAb5W
ETH: 0xEEcD7Ce6E22AfA6083074c4CCd326Be0b1C932d9
How to use:
The bands tighten while the markets’ range becomes lower, and widens as its' range becomes broader. Giving the indicator a loaded spring effect.
A break outside of the bands in either direction indicates a possible breakout.
All 3 bands serve as possible support and/or resistance. Meaning breaks back into the bands could indicate a reversal, or end of the breakout.
This indicator is completely customizable, so compiling multiple sized bands on top of each other may create a strong competitive edge.
--
IF YOU SUBSCRIBED
This indicator was intended to be available for purchase Jan 2018.
However, with recent change of mind I have decided to make it free to use.
IF you previously subscribed. I greatly appreciate your interest and I hope you enjoy this now FREE indicator!
Once again, thank you!
Korumalı komut dosyası
Bu komut dosyası kapalı kaynak olarak yayınlanmaktadır. Ancak, özgürce ve herhangi bir sınırlama olmaksızın kullanabilirsiniz – daha fazla bilgi burada.
Creator of DepthHouse Indicators on TradingView!
↣ depthhouse.com/
↣ depthhouse.com/
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.
Korumalı komut dosyası
Bu komut dosyası kapalı kaynak olarak yayınlanmaktadır. Ancak, özgürce ve herhangi bir sınırlama olmaksızın kullanabilirsiniz – daha fazla bilgi burada.
Creator of DepthHouse Indicators on TradingView!
↣ depthhouse.com/
↣ depthhouse.com/
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.