Inspired by @bitmexstorm study Volatility-calibrated ATR
This study features two different ATR trail derivative concepts-Default one is called- "Silicone", and the alternative is called- "Mercurial. To decrease confusion during backtesting, trails plots with distinct color palette.
Options include the ability to apply a smoothening filter that affects both modes as well as an adaptive/fixed mode for the "Silicone" trail.
Parameters for trail dynamics/behavior is unlocked(!Parameters in publish version is far from optimized! Need serious testing! )
Candle Coloring reflects trail direction.
Feedback on optimal periods and multipliers is needed and appreciated
This study features two different ATR trail derivative concepts-Default one is called- "Silicone", and the alternative is called- "Mercurial. To decrease confusion during backtesting, trails plots with distinct color palette.
Options include the ability to apply a smoothening filter that affects both modes as well as an adaptive/fixed mode for the "Silicone" trail.
Parameters for trail dynamics/behavior is unlocked(!Parameters in publish version is far from optimized! Need serious testing! )
Candle Coloring reflects trail direction.
Feedback on optimal periods and multipliers is needed and appreciated
Versionsinformation:
:)
Versionsinformation:
Added Adaptive filter option for Mercurial
Fixed Period Mercurial
Adaptive Period Mercurial
Cleaned inputs
Fixed Period Mercurial
Cleaned inputs
Public: www.tradingview.com/u/InSilico/
www.tradingview.com/gopro/?share_your_love=InSilico
www.insilicoresearch.com/
www.tradingview.com/gopro/?share_your_love=InSilico
www.insilicoresearch.com/