ATR Contract Recommendation

7 févr.

ATR Contract Recommendation Indicator

Version: 1

New Features and Enhancements:

• ATR Calculation and Smoothing Options:
• Calculate ATR using a configurable length.
  
• Choose from multiple smoothing methods (RMA, SMA, EMA, WMA).
  

Account Size Customization:

• Select your account size from three options: 50K, 100K, or 150K.
  
• The contract recommendation logic adjusts dynamically based on the chosen account size.
  

Instrument-Specific, Customizable Recommendations:

• Separate sets of customizable ATR thresholds and recommendation texts for each instrument (NQ, ES, YM) and each account size (C = Contract).
  

For example, for NQ:

150K Account:
ATR < 5 → "5+C"
5–10 → "5C"
10–15 → "3C"
15–30 → "2C"
30+ → "1C"

100K Account:
ATR < 5 → "4C"
5–10 → "2C"
10–15 → "1C"
15–20 → "1C"
20+ → "5C MNQ"

50K Account:
ATR < 5 → "2C"
5–20 → "1C"
20+ → "5C MNQ"

Similar customizable threshold groups have been added for ES and YM, with instrument-specific suffixes (e.g. "MES" or "MYM") appended when needed.

Customizable Display Box (Table):

• The indicator displays a recommendation box on the chart showing the current ATR value and the recommended contract size.
  
• Users can customize the table's position (top left, top right, bottom left, or bottom right).
  
• New Feature: Adjustable table size (number of columns and rows) via new input settings.
  
• Customize the text color and background color of the recommendation box.
  

Improvements:

• Enhanced instrument detection and dynamic recommendation output for a more accurate contract sizing suggestion.
  

User Interface Enhancements:

• Streamlined input groups for thresholds and recommendation texts, allowing for full customization based on account size and instrument.
  

7 févr.

Notes de version

Bug fixes!

14 févr.

Notes de version

Bug Fixes

14 févr.

Notes de version

Bux fixes

avant-hier

Notes de version

ATR Contract Recommendation Extended v1.0 – Patch Notes

New Features:

**ATR Calculation Enhancements:**
- User-selectable ATR length and smoothing method (RMA, SMA, EMA, WMA).

**Account Size Customization:**
- Supports three account sizes: 150K, 100K, and 50K.
- Distinct ATR thresholds and recommendation levels for each account size for NQ, ES, and YM.

**Base Recommendation Functions:**
- Integrated functions (f_getNQRec, f_getESRec, f_getYMRec) that determine the base recommendation from the ATR value based on the thresholds.

**Zero-Lag Moving Average Market Condition:**
- Calculates a zero-lag moving average (ZLMA) on 5‑minute data.
- Determines market condition as “Trending Up” or “Trending Down” based on the ZLMA slope.
- Counts direction changes over a user‑defined lookback period; if too many changes occur, the market is classified as “Chop.”

**Chop Override Logic:**
- When chop override is enabled and the market condition is “Chop”, the final recommendation becomes “INVALID.”
- Otherwise, the final recommendation remains as determined by the ATR-based base recommendation.

**Customizable Table Display:**
- Displays ATR, final recommendation, and market condition in a table on the chart.
- Fully customizable table settings: text color, background color, border width, frame width, text size, and table position.
- Option to remove the table background for a transparent look.

Improvements:
• Fully integrated thresholds and recommendations for multiple account sizes across NQ, ES, and YM.
• Clean integration of the zero-lag moving average logic to assess market trending versus choppiness.
• Robust table display that updates only on the last bar, ensuring minimal chart clutter.

Bug Fixes:
• Resolved issues with undefined function references by defining all required recommendation functions.
• Improved table display logic and background removal functionality.

Enjoy the new features and improved performance!

avant-hier

Notes de version

Bug Fixes