PT ATRPERCENTAGEI'M JUST AN AMATEUR SO USE AT YOUR OWN RISK.
Couldn't find a script for the ATRPERCENTAGE indicator for ProfitTrailer, so I made one.
I believe it is working correctly from what the wiki says, but again, use at your own risk.
Ortalama Gerçek Aralık (ATR)
Maximum ATR BandsSlight modification on my previous script "ATR-Overlay"
This script plots the max value of the ATR in a given period.
Really straight forward, but has given me better stop-loss levels on trade entries.
ATR Squeeze Identifier + Last-Bar TR Stops1) Paints two lines based on previous bar's true range, has option for custom multiplier to make stop a factor of previous bar's TR. Used for quick identification of stop loss placement based on previous bar set-ups.
2) Identifies bar on close which has true range that is smaller than a period-chosen ATR criteria. Additionally, has an input for a raw "ATR Shave" which is used to narrow down bars with even smaller true range. Mostly used to identify potential entry zones where market is being squeezed, and expansion is likely to follow. Plots a character under the bar.
3) Identifies a close which includes and follows 5 consecutive closes which all exhibit smaller than average ATR. Includes customize-able ATR length and "ATR Shave" to narrow down tighter range's. Paints circle at bottom of chart. Mostly used to identify when market has been 'quiet' for some time and entries should be considered for likely expansion.
Average True Range BandsThis is a simple script to assist you in manual backtesting! Perfect for the NNFX crowd or anyone that enjoys manual backtesting.
Usage
1. Slap this bad boy on your chart.
2. Adjust period and multiplier (defaults are 14 period and 1.5x).
3. Put on the indicator/system you are testing.
4. Enter bar replay mode.
5. Drag your long/short position take profit and stop loss to the upper and lower bands.
(long/short positions are available on the left-hand toolbar)
6. Profit!
If you enjoy/use this script, drop me a follow and please note me in your code!
I'm *almost* always available for collabs and questions.
GG ATR bands
ATR plotted above and below price with a multiplier. Defaults to 2x ATR. Makes it easier to use ATR for stop or take profit.
Kitti-Playbook Chandelier Stop Long or Short @V4.0.0 Only For Study Purpose
Develop Base on RDA*ChandelierStopLong ( TRADER NEXUS / Metastock )
Addition point .
1) Hour / Min
2) Adjust UTC
3) Integrate Long and Short in one program
4) Show Label of Entry and Exit (Able to Switch ON OFF )
ATR Channelsplots a channel for 1 and 2 ATR from open of candle.
configurable length and ability to turn on/off channels.
ATR DIstanceShows a static ATR distance from using the latest ATR, and drawing it up and down the price.
Can be used for dynamic stop setting.
Double Bands LTRDraws 2 Laguerre smoothed True Range bands over price candles, gives some good ideas about trend's direction, possible take profit and stop loss levels
Double SuperTrend LTRDraws 2 Laguerre smoothed True Range bands over price candles, gives some good ideas about trend's direction, possible take profit and stop loss levels
Double SuperTrend LTRVersion of giphy.com that uses Laguerre filter instead of SMA, so, react faster
