In the case of ATR, it is known to represent volatility by simply expressing the price range. However, of course, as the value of an asset increases, it is not possible to simply compare it with a numerical value, so the ATR was expressed as a percentage using a logarithmic function. This way we can see the volatility even with ATR. ATR의 경우 단순하게 가격의 범위만을 표현하여...
The Weber Trend Suite (WTS) supports trend trading over longer timeframes. Identification of the trend direction Automatic identification of support and resistance level Multi-Timeframe Designed as a decision making framework for trading trending growth assets such as tech stocks and cryptocurrencies The support and resistance lines are derived from the...
INTRODUCTION: Compared to all the Pivot Indicators available on Trading View Public Library, this Floor Pivots Indicator differentiates itself in two major original ways: Dilates the Pivot Support/Resistance Levels into Support/Resistance Bands based on volatility Displays the S/R Levels Dynamically , that is, only those levels will be shown that are...
I have added 3 items to the RSI indicator which helps me to get more information at the same time. 1) ADX value - when ADX is above 25 we have a strong trend 2) ATR Value - helps me to calculate my daily targets and stop-loss levels at a glance. 3) A simple moving average - This shows me the trend of RSI. If the price breaks a trend line and at the same time RSI...
One Time Trade Risk Management Incorporating the new interactive feature, this script is meant as a one time trailing stop for the active trader to manage positional risk of an ongoing trade. As a crypto trader or Fx trader, many may find themselves in a position late into the evening, or perhaps daily life is calling while a trade progresses in their favor....
NASDAQ:AAPL This indicator shows the most usefull informations about the current symbol and the two common indexes (SPY and QQQ) in a table, in the upper right corner of the graph. The informations are: Symbol Float Daily average volume Average True Range Pre-market volume Pre-market change % Indexes SPY ATRP SPY trend (this value indicates...
Strategy: Finding entry using pullback or Buy On Dip method. This indicator using EMA line and ATR strategy to find best entry. EMA line consist of : EMA 20, EMA 50 and EMA 100. Entry signal when candle rebound on EMA line and rocket signal appeared. Exit when "SL" signal appeared. 1. Add Extreme Candle signal - cross signal above candle - Appeared if candle...
Uses past 5 day's daily average ranges and calculates average ADR percentage with respect to latest day's open Acknowledgement - Uses code from another excellent indicator from critian.d
Weekly Put Sale This study is a tool I use for selling weekly puts at the suggested strike prices. 1. The suggested strike prices are based on the weekly high minus an ATR multiple which can be adjusted in the settings 2. You can also adjust the settings to Monthly strike prices if you prefer selling options further out 3. I suggest looking for Put sale...
I took a concept similar to the "Adaptive RSI" to get the RSI overlaid on a price chart. The problem I have with the Adaptive RSI is to me it sticks too closely to price. I wanted something much more visually helpful that can provide actual tradable signals and strategies. The orange line you are seeing is the "RSI Trend Line" The further the RSI moves away...
A NRTH_ Technical Indicator Study Comes included with the Premium Package. Indicator features Use Trailing ATR as a StopLoss for both Long and Short positions. Set Fixed Stop Loss or Take Profit levels based on current or previous candle close ATR values Customizable Period, Multiplier, and Calculation Method. Usage Tips Works on all timeframes...
Hello Traders, I would like to introduce you ATR Trailing Stops S/R . The idea is to look for important levels that are identified by trailing stop line, where it usualy spents a lot of time without any move usualy turns out to be good level for bounces. Script for atr trailing line is originaly taken from: script made by @dgmoon It has various...
This, a very different script from most of mine, is my attempt at making a useful, and not messy, support and resistance indicator. If you've never looked into trader xkavalis, and his scripts and discord, I would highly recommend it. He talks about "pay attention candles" a lot. It got me thinking about what those are. Best as I can tell all he means by that...
Combination of Volume Average Trend & Volume Power Range Able to Change Average Moving Type & Length = Depending on How Volatility /Smooth is Require on your Strategy 1# Color Green = The Volume On Trend Up 2# Color Red = The Volume On Trend Down 3# Spiking Higher Volume = End of the Top/ Bottom
Exponential Moving Average Moving averages smooth the price data to form a trend following indicator. They do not predict price direction, but rather define the current direction, though they lag due to being based on past prices. Despite this, moving averages help smooth price action and filter out the...
This is a very basic, but powerful script. It gives you the ratio between the rate of change of the last x days and the average true range of the last y days. ---> ROC-ATR Ratio = ROC/ATR Therefore, you can see how much the price has moved relative to the prices in the past. This is important because (in my opinion) the basic ROC indicator is not very...
This indicator combines the Supertrend (to determine the main trend direction) with two Keltner channels (used for add and take profit signals) to construct a trend trading system. These are the available settings: General UseTrendChange ➞ toggle trend change alerts and labels UseAdds ➞ toggle add to position alerts and labels UseTakeProfits ➞ toggle...