Update of Average True Range Trailing Stops Strategy by HPotter to include backtesting support Opens longs when price crosses over trailing stop line, closes when price crosses below Option to open/close shorts when longs are closed/opened Option to specify a time range to test over. For example, set Max Days Back to 360 and Min Days Back to 180 to test...
Adds an indicator that can be used to set stop losses. This is the close price minus the ATR + 10%. The 10% is there to let the market perform and avoid whipsaws.
This is a customized indicator that displays a trailing stop-loss directly on the chart: The stop-loss is calculated using our Sublime Trading formula The formula creates a stop-loss that is unique to each instrument traded The stop-loss follows price as the trend develops The stop-loss prevents the risk of being stopped out too early from pullbacks in a...
DepthHouse Relative Momentum & Range Candlesticks is a candlestick indicator based off of my previously released RMRO Oscillator. DepthHouse Relative Momentum Range Candlesticks uses several calculations between the relative momentum and range to help determine trend direction and strength. Candlestick meanings: Green : Bullish trend Blue (default is lime):...
MTF ATR Calculator V0 Calculate the Turtles' loss cut line 20ATR(EMA)×2
As the name suggests, this is desgined to work best in trending markets. A great tool designed for experienced discretionary traders who are well familiar with reading the markets and putting things into context. This tool is something similar inspired by Turtle traders. Upper and lower lines are certain bars look back period, user can modify numbers according...
Indicator SuperTrend All: An indicator that is an aggregate of other SuperTrend Values (Buy/Sell)
Indicator SuperTrend All: A composite of using values from individual SuperTrends
Stoller Average Range Channels (STARC) Bands indicator script. This indicator was originally developed by Manning Stoller.
Buy = Squeeze Momenum Strategy (using Bollinger Bands and Keltner Channel) OR Keltner Channel buy indicators Sell = Keltner Channel sell indicator
-=The Scrip=- DI incl. Take Profit & Trailing Stop trigger This latest editon in the series of -=The Script=- The pre weighted values are for BTC-Pairs and uses a variety of indicators: • CMO_BASED MACD • FISHER / WAVETREND • RSI/STOCHRSI And for sell strategies it´s possible to use: • GAIN 😊 DISCLAIMER: The creators of these script are not financial...
This is a 'monitoring' indicator to see if an instrument is viable enough to be traded, by virtue of volatility (or lack of volatility in context may lead to a break out), or may become so. It shows the following information: Price Range (high - low) averaged across a set of bars: Useful gauging potential trading profits. This was its initial goal, to not...
Averages price ranges (high - low) across a set of bars in a given timeframe. Additionally, also plots the Average True Range (ATR) as a better comparison for volatility. Configurable period and averaging mechanism. Useful for gauging minimum profits and price movement over a period, a filter for historical volatility. Furthermore, executing trades is better...
Depth House ATR Fib Clouds is used to help traders spot dynamic support, resistance, retracement zones, and over-extensions. Here is a video which I give a brief overview and show it in action: youtu.be Based on the zoning colors above: Red and Blue zones represent common retracement zones. Green and Orange zones represent possible over-extension...
This puts a Renko overlay on the main chart, and then plots moving average lines on the overlaid Renko Candles instead of the regular candles. This allows for accurate backtesting of Renko strategies.
This set up created to understand support and resistance as per ATR (Average True Range) Existing setup of supertrend modified to Channel set up It is created for study purpose , Buying or selling not suggested as per this Thank you
This indicator was made specifically to trigger alerts when multiple EMA lines are converging on multiple time frames. You change which 3 time frames it looks at (Default 1h, 3h, D) and 3 EMA lengths (Default 8,21,100). You can also change the threshold in which the convergence is triggered (How tight the convergence must be to trigger (Default 1)) It uses ATR...
Random Walk Index indicator script. This indicator was originally developed by Michael Poulos. As you can see, the result is very similar to the Vortex Indicator (was developed by Etienne Botes and Douglas Siepman).