Automatic Fibonacci Support and Resistance derived from the recent Average True Range. This tool is used as a guideline for where mathematically evident support and resistances are estimated to be. Unlike typical methods, this will adjust as candles print and the ATR expands or contracts assisting the user in ensuring realistic price targets relative to the...
Automatic Adjusting Fib Support and Resistance Adjustable Candle Length Average True Range centered on the 34 MA Fibonacci Support and Resistance lines for all timescales on all instruments. **These lines do move as candles print adjusting slowly to the changing ATR. This generally should indicate the realistic expected move for the current time frame.
The basic update of the ATR as a ratio of the current spot rate.
Live, non-repainting strategy using ATR and RSI mixed together to take long and short positions. Includes: Live entry direction with trade warnings and alerts Live trade building buy and sell stops (for buy/sell stop limits) Entry location icons as well as pyramid entries (to add to existing position) 3 separate targets based on the ATR setting and...
I created this indicator to primarily manually test other indicators in replay mode. To use this indicator generally you will: Select trade type: long or short Enter your ATR (enter the actual ATR). The indicator will then calculate and plot your SL and targets based on your values Default Stop Loss is ATR * 1.5 Default Target 1 is ATR * 1.5 Default...
This indicator plots 2 sets of dots (and lines) based on your chosen ATR multiplier (Average True Range). Generally, when trading on the daily timeframe a good rule of thumb is to use the ATR * 1.5 (the default setting of this indicator). I created this indicator to quickly test other indicators but I also find it helpful in live trading. How to use this...
Experiment in finding potential pivots using using multiple period volatility measurements (ATR) and ALMA. ------------------------------------------------------------------------------------------------------------------------------------ Warning!!! Must be tuned to obtain a good price fit for your time frame and instrument (and probably general market...
This indicator takes the average of a series of ATR to calculate what I would consider an optimum stop loss placement represented in percentage (read below for full overview). While the data is plotted what is most helpful are the actual numbers presented and for my charts I remove most of the plotting. This indicator is most helpful on the daily timeframe but...
This indicator shares ATR pips and a calculated 1.5 x stop loss calculation. 1st number is ATR. 2nd number is ATR x 1.5 (a typical SL when trading daily time frame). The plot lines are really not that important- it's the actual numbers. What I do is uncheck the plot line checkboxes (ATR & SL) so it doesn't show up, that way I can reduce the indicator...
//These signals mostly consist of crossovers between a 13 VWMA and a 62 VWMA. I've found these two moving averages to be quite special in their ability to //recognize a quick trend using volume data. The VWAP is used in the alert system as well, to give some perspective on which direction we are looking to take. We //are also using ATR. We only take trades when...
ATR based stop trails. The top trail is basically lowest ATR since the last candle hit (with given length and multiplication) added to candle high. The bottom trail is analogic.
Draws a channel based on ATR (Average True Range) and RSI. Detects band touches and colors the background appropriately.
This script shows choppy zones and attempts to estimate the proceeding direction using a variety of methods. The methods used to calculate the estimate are user configurable.
This indicator lets you see when a trend may be exhausted and require consolidation, as well as choppy trading zones. When the oscillator is in the bottom bar, the price is in a chop zone. When it reaches the top bar, it is due for consolidation.
Proof of concept indicator. Intended usage: to create confidence in buying a dump, or selling a pump. This is not a trending tool. It works by monitoring spikes in volume as well as abnormally ATR. Generally speaking, bitcoin reverses every time there's a one candle spike with no following volume. There is a limit in which a signal is triggered in case bitcoin...
Comparison of the ATR (Average Trading Range) of multiple coins. The ATRs are shown as percentage.
this is modified ATR for signal strength test with custom ATR in multi time chart comment your opinion...