This is script is essentially "AMA" and was originally developed by Alex Everget , I just added half ATR as a band to AMA to reduce the false breakouts and use it to confirm hidden divergence with it.
My exit strategy to reduce risk via tracking price and ATR. Sets new STOP price based on how many ATR is current price above from the entry price. I only check 5 and 20 EMAs for entry strategy. I intentionally used a simple entry strategy to further test the impact of this exit strategy. First sets STOP at 1.5 ATR below the entry price. If there is a 2 ATR...
What Is the Average True Range (ATR)? The average true range (ATR) is a technical analysis indicator, introduced by market technician J. Welles Wilder Jr. in his book New Concepts in Technical Trading Systems, that measures market volatility by decomposing the entire range of an asset price for that period. Each instrument per unit of time passes its average...
- Introduction and how it is different The PresentTrend strategy is a unique custom trend-following strategy. This combination allows the strategy to take advantage of both short-term and long-term market trends, making it suitable for various market conditions. BTCUSDT 4hr chart (700.hk) 3D chart - Strategy, How it Works RSI or MFI: The first part uses a...
The Price Exhaustion Indicator (PE) is a powerful tool designed to identify trends weakening and strengthening in the financial markets. It combines the concepts of Average True Range (ATR), Moving Average Convergence Divergence (MACD), and Stochastic Oscillator to provide a comprehensive assessment of trend exhaustion levels. By analyzing these multiple...
This is a highly-customizable trading strategy made by TradeSmart, focusing mainly on ATR-based indicators and filters. The strategy is mainly intended for trading forex , and has been optimized using the Deep Backtest feature on the 2018.01.01 - 2023.06.01 interval on the EUR/USD (FXCM) 15M chart, with a Slippage value of 3, and a Commission set to 0.00004 USD...
Advance Your Market Analysis with the True Range Indicator The True Range Indicator is a sophisticated screener meticulously developed to bolster your trading execution by presenting an exceptional understanding of the market direction. The centerpiece of this instrument is a distinctive candle configuration depicting the Average True Range (ATR) and the...
The ATR Delta indicator is based on the concept of Average True Range (ATR), which reflects the average price range over a specified period. By calculating the difference between current and previous ATR values, the ATR Delta provides valuable insights into volatility shifts in the market. This information can help traders identify periods of heightened or...
here what the indictor do ! The "VIX, ATR, and Volatility Indicator" combines the Volatility Index (VIX), Average True Range (ATR), and moving averages to provide insights into market volatility. VIX (Volatility Index): The VIX measures the expected volatility in the market over the next 30 days. A higher VIX value indicates increased market volatility, while...
ATR Momentum is a dynamic technical analysis tool designed to assess the momentum of a securities price movement. It utilizes the comparison between a faster short-term Average True Range (ATR) and a slower long-term ATR to determine whether momentum is increasing or decreasing. This indicator visually represents the momentum relationship by plotting both ATR...
This is a custom indicator that implements a trading strategy based on Renko charts, but they can be used on regular candlestick charts and on any time frame. Renko charts are known for filtering market noise and displaying price movements in a clearer way. However, it is important to note that this indicator is provided for educational and informational purposes...
This is a custom indicator that implements a trading strategy based on Renko charts, but they can be used on regular candlestick charts and on any time frame. Renko charts are known for filtering market noise and displaying price movements in a clearer way. However, it is important to note that this indicator is provided for educational and informational purposes...
The "Range H/L Buy and Sell Signal" indicator is designed to identify potential buy and sell signals based on a specified price range and market volatility. This indicator can be used in the TradingView platform to assist traders in making informed decisions. The indicator allows customization of several parameters to adapt to different trading strategies. These...
Introducing the "Dodge Trend" indicator, an innovative variant of the Supertrend indicator designed to help traders better avoid fakeouts and maintain positions in established trends. Like the Supertrend, the Dodge Trend uses Average True Range (ATR) but incorporates a unique adaptive adjustment feature that differentiates it from its counterparts. While the...
The Focused Average True Range (FATR) is a modified version of the classic Average True Range (ATR) indicator. It is designed to provide traders with more accurate data on volatility, minimizing the impact of sharp spikes in volatility. The main distinction between the Focused ATR and the standard ATR lies in the utilization of percentiles. Instead of calculating...
Supertrend (ST) is a popular stop loss and trend identification script. The simplicity of seeing a clean trend on a chart makes it attractive, yet it is restricted by only allowing the source, length and multiplier to be adjusted, & these tend to have a limited effect on the properties of the identified trend. There is a wide variety of interesting ST scripts on...
The script below is designed to show up to 4 different trading sessions i.e. London, New York, Tokyo and Sydney sessions, it also displays the days each session is taking place in as well as two horizontal lines one for the previous days high and the other for the previous days low. It also displays a table that shows the user the highest and lowest price for 4...
Here is the strategy version of the indicator - Master Supertrend Options and variations are same throughout. 🎲 Variations Following variations are provided in the form of settings. 🎯 Range Type Instead of ATR, different types of ranges can be used for stop calculation. Here is the complete list used in the script. Plus/Minus Range* - Calculates plus...