This script plots an histogram calculated this way: Get the previous ATR sample, calculated in the specified timeframe Get the actual open price of the bar in the specified timeframe minus the actual price in the current timeframe and plots the percent change between the the 2 values For example, if you select DAY as timeframe for the ATR: Plots the percent...
This script is an especial request from a user Plots the percent change between: - ATR(daily) from yesterday and - open from today - actual price Due to Tradingview limitations, only shows the plot if the actual timeframe of the graphic is daily or lower. All my published scripts at: es.tradingview.com
Statistics for assisting with intraday bond trading, using five minute periods and one hour ranges. There are two tables, a volatility table and a correlation table. The correlation table shows the correlation of five minute returns (absolute) between the four different bond contracts that trade on the CME. The volatility table shows for each contract: - The...
Overview: This script is a type of mean reversion indicator, it uses a short period EMA, the EMA5 to be exact, as its basis for a mean. From here, we run a modified version of ATR over a longer period of time to find an average range value for price movement. Finally, we calculate the cloud/band/wave by multiplying this range value by our deviation values to...
This indicator uses the previous period close and +/- 1 ATR to display significant day, multiday, swing, and position trading levels including: - Trigger clouds for possibly going long/short @ 23.6 fib - Mid-range level at 61.8 fib - Full range level at +/- 1 ATR (from previous close) - Extension level at 161.8 fib Additionally, a convenient info table is...
It shows the volatility (mobility) of a cryptocurrency. Comparisons can be made between cryptocurrencies in terms of mobility. Atr period can be entered. Atr volatility can be entered. Thus, if the volatility in a bar is higher than the entered volatility, the indicator b sign goes down. The more b signs there are, the more volatile it is. Average Atr period can...
█ OVERVIEW This indicator reports the historical probabilities of the price trading past its Average True Range (ATR). █ CONCEPTS It is common knowledge that the market is not likely to trade past 1x ATR. Is this true? How much unlikely exactly? The indicator reports the data in a table and tells you precisely how often the price made it past x times...
This is a simple indicator using bolinger band return. After the candle's bolinger band broke out, Turn back inside BB is the entry point. Usually there are more than two triangles, so you can wait after ordering a better price. As you already know about it, it is very dangerous for the bolinger band to enter in the reverse direction when a strong trend is...
This strategy is based on RSI and ATR Bands which works better in 5 and 15 Mins time frame. Perform enough back testing with 1:2R before using in real time. Entry only on trade on screen symbols, use additional buy/sell alerts to book profit or to trail SL. I have also added Golden Cross Over of 65 and 21 EMA to have confirmation on trend.
Hello! This indicator attempts to optimize Supertrend parameters. To achieve this, 102 parameter combinations are tested concurrently - the top three performers are listed in descending order. Parameters, Factor: Changes to this parameter shifts the tested factor range. For instance, increasing the factor measure from 3.00 to 3.01 (+0.01) will remove 3.00 from...
Hello everyone! This script is implementing a strategy that uses 7 indicators: SSL, Wavetrend, SSL Hybrid, Keltner Channel, EMA, Candle Height and ATR. This is the 2nd best strategy that we have tested so far (based on the 100 backtests). STRATEGY ENTRY RULES Long entry: go long if SSL Hybrid is blue (between last candle and entry candle) and SSL Channel crosses...
█ OVERVIEW This indicator plots the upside and downside ATR levels popularized by Trader Dante. █ CONCEPTS Beyond a level's boundary, a market is trading over its average volatility. The indicator adds confirmation to "reversal" setups located at likely mean reversion. Oppositely, it highlights trades with an increased risk where the price is...
This simple script base on function of ATR Trailing Stop (aka SuperTrend) to plot Trading Setup on chart with detail as below: 1. Type of Average True Range (ATR) + The function calculate ATR may base on 1 of 3 type of Average: RMA, SMA, EMA 2. Trading Setup 2.1 Long setup + SuperTrend is upTrend + Entry Long at (or below) last value ATR Trailing Stop of Previous...
The 4C ATR Threshold is a simple indicator that paints the chart background red when the ATR goes below the user defined ATR minimum. Some trading setups have specific criteria that require a minimum ATR on a certain timeframe for the instrument to be playable. The painting of the chart background based on the ATR value is useful as a quick visual reference....
FUTURES ScalpV2 PROTECH system This indicator is built specifically for fast trading i.e. scalping/intraday in the commodity market or futures market. It uses an indicator instrument consisting of ATR TRAILING STOP (ATR), EXPONENTIAL MOVING AVERAGE, PIVOT POINT, and FIBONACCI. Rebuild of Instrument & Parameter This indicator is also an upgraded instrument that...
Introduction This is my newest Support/Resistance indicator based on the idea of my previous script which had been featured in Editors' Picks . Everyone seems to have their own idea of how you should measure support and resistance levels. This code finds the exact highest and lowest price points (Extrema) on the chart and then draws the support and resistance...
I will explain step by step. 1- The position order filtering option is used to filter out duplicate positions. 2- The reason I use an ATR multiplier is to balance the ATR value that differs in instruments. 3- ATR lower limit and ATR upper limit values are to reduce unnecessary transactions and commission expenses in the horizontal market. 4- Strategy take...
The 4C ATR is a simple indicator that plots a horizontal line on the ATR indicator, which can be used as a minimum or maximum reference value. Some trading setups have specific criteria that require a minimum ATR on a certain timeframe for the instrument to be playable. The horizontal line is useful as a quick visual reference, and can be adjusted to any...