The mult is the number of standard deviations to observe.
ATR true range with SMA, trend become when ATR crossover SMA
KaseDev Stops implementation for Trendstone The Kase DevStops are based on volatility, using TrueRange as a proxy. The major shortcoming of fixed-value trailing stops is in determining what value to use. Many new traders are advised to risk what they can afford. This is like a Gloucester fisherman standing on a bluff overlooking a raging windtossed ocean and...
Indicator make histogram from difference of: - classic ATR (default period - 14) - Simple Moving Average (default period - 100) to this ATR. Histogram colored (green when >0, red <0). Volatility increase signal - histogram crosses the zero line. For greater visibility, a colored variable moving average (variable SMA for histogram) was added (green when...
Plots the upper and lower average true range away from the previous days close on all time frames.
Calculates and shows a percentage of the Average True Range. Default is 120% ATR.
This script is designed to aid in back-testing and trade execution. It displays three sets of values - the teal colored value is the current ATR, the green colored value is your stop loss distance (in pips) below the most recent swing low for long trades , and the red colored value is your stop loss distance (in pips) above the most recent swing high for short...
Great if you want to see a shift in trend or want to ride long/ short positions longer. Green/ Yellow - indicate upper range. Red/ Orange - indicate lower range. Study the graph with this indicator and you learn more.
This indicator is designed to be used with the rules of Steven Hart's Aggressive Pullback Strategy. It is intended for use on the 4-hour timeframe of certain currency pairs, but will work on all timeframes and instruments. The rules are customizable, but the default settings are designed to reflect the rules of Steven's pullback strategy as closely as possible. ...
To add this indicator to your charts: Click the 'Add to Favorite Scripts' button down below this description. This simple indicator is merely for displaying mulitple ATR ranges at a glance on one chart. SETTINGS Each ATR is completely configurable: Length - to base the ATR on Timeframe - 'Chart' uses the current chart resolution; other timeframes are...
This indicator is designed to be used with the rules of Steven Hart's Aggressive Pullback Strategy. It is intended for use on the 4-hour timeframe but will work on all timeframes. The rules are customizable, but the default settings are: Minimum Candle Pullback: 2 How Many Candles We Can Engulf: 3 Override Rule #2 If Candle's Body % of ATR Is Less Than: 99% ATR...
Basic ADR-indicator that is showing the daily range on lower timeframes as well, without using the current open daily bar for calculation. Also plots as line in a separate indicator window. Updates displayed value when hovering over the candles on the chart to see historical Numbers.
A useful measure of recent volatility. I use 50 day or 50 week periods, but you can experiment with other values too. Because it measures ranges as a % of current close it can be used to make good comparisons with other historic periods of low (or high) volatility. This measure reached a new 23 year low for daily S&P 500 in July 2017. Uses and historic examples: ...
Basic ATR without the current open bar in progress, it calculates the closed bars within the chosen ATR Period
Plots three Average True Range channels as described in Alexander Elder's "The New Trading for a Living". You can adjust the EMA and ATR days that are the basis of these channels. This is my first script – happy to get any feedback on this! Thanks :)