Trend Analysis, shows clear direction of the market Includes automatic Zig-Zag tracement to show reversals coming up & also has a refined version of different variants of MA's to show really strong support/resistance channels. Combined with CoinExpert Oscillator and CoinExpert Overlay it is possibly the best trading tool up to now. This is not an...
Useful in finding the percent change in the ATR. Google it and see how you can implement it. I use it in a zig zag indicator made by Ricardo Santos. Happy Trading!
ATR Channels help you to identify where to place your stop-loss or trailing stop-loss based on price volatility, according to the Average True Range (ATR).
This indicator consists of a fast and slow EMA (default lengths are 50 and 9 periods) and an upper and lower ATR band. When combined, this combination gives traders an accurate picture of both trend strength and direction. Users can modify the lengths of the fast and slow EMA , as well as the multipliers and length for the upper and lower ATR bands.
I'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.
Slight 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.
1) 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"...
This 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...
ATR plotted above and below price with a multiplier. Defaults to 2x ATR. Makes it easier to use ATR for stop or take profit.
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 )
plots a channel for 1 and 2 ATR from open of candle. configurable length and ability to turn on/off channels.
Shows a static ATR distance from using the latest ATR, and drawing it up and down the price. Can be used for dynamic stop setting.
Draws 2 Laguerre smoothed True Range bands over price candles, gives some good ideas about trend's direction, possible take profit and stop loss levels