PS ATR Variant

14 thg 7, 2020

Profit Sniper ATR Variant v0.1 is completely new but based off of the Profit Sniper 3.0 you know and love :

The original SNIPER operates off two timeframes in parallel, your Trend Timeframe (Higher Timeframe concerned with identifying market up & down trends), and your Trade Timeframe (Lower Timeframe to actually trade Longs & Shorts in).

Within each timeframe, you can tailor your preference for waiting for either Stochastic Ribbon cross only, or Ribbon Cross followed by Chande Confirmation for that additional market structure confidence. Flags & Alerts will then provide you with numerous trading Long & Short trading opportunities per day.

You also have the option to trade with trend so the indicator will automatically flag & alert only Shorts in a Short trend, and Longs in a Long Trend.

This version has the ATR (Average True Range) Indicator incorporated, to give trend direction (only tke longs in long trend and vice versa) and some additional safety features using ATR values.

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With some extra features. such as ATR ( Average True Range ) trade entry which measures market volatility by analysing the range of asset price during a specified period.