Before I begin I want to mention:
1. This is an indicator specially made for NNFX traders who use the ATR rule of ATR1x for Take Profit and ATR1.5x for Stop Loss
2. It is a product of combining the in-built ATR and Dillon Grech's ATR ()
The indicator:
1. It can be used for a quick look using the lines to see instead of calculating whether price hit a TP or SL....
This script is using Average True Range (ATR) and works very well on the Bitcoin 4 hour timeframe to determine when to stop and start your bots.
It has a very similar visual to the EMA RSI Indicator found here:
This 'ATR Start & Stop Bot' is better because it has less confusion during sideways market movement.
As an example - You are using 3commas and have a...
Here it is, as promised, supertrend based on Zigzag candles.
Earlier scripts on the Zigzag Candles expedition are here:
Zigzag-Candles
Zigzag-Candles-MA
Zigzag candles parameters Length and CandleSize remain as is. Along with this, we also add MALength and AtrMult to calculate ATR based on the new candles and to use it to derive supertrend.
...
Very much similar to :
I have slightly changed code to accommodate multiple zigzags. Also removed possibility of external source to keep it simple.
Indicator shows 2 Level zigzag based supertrends. Second zigzag used is multi level zigzag and hence, this acts as higher timeframe filter and can be considered as overall trend bias.
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 90.
Entry signal when candle rebound on EMA line and rocket signal appeared.
Exit when "SL" signal appeared.
Based on the ANNE EA v3 for MT4. For use on FOREX.
if ATR is greater than ATR average taken from last 5 candles, then market considered as trending, and so Open(0)>Close(1)=buy Open(0)Close(1)=sell Open(0)<Close(1)=buy.
If trending, then buy high & sell low, if consolidation then buy low sell high.
Exit is by trail and Take Profit.
PM me for edit or MT4 version info.
Riding along the Super Trend -
Super Trend Bullish candle (STBullCandle) is a candle where low is lower than supertrend and close is greater than super trend.
Conditions for going Long -
1. High of current candle should be higher than high of STBullCandle.
2. We can consider 1 or 2 candles after the STBullCandle for this condition.
3. If filterRsi is...
Here is an attempt calculate Average Zigzag Range (AZR). This can be used similar to ATR. Using AZR instead of ATR for trailing stop calculation may yield better outcome in trend trading.
Logic is simple.
Calculate zigzag based on ZigzagLength
Calculate distance between each zigzag pivots
Calculate simple moving average of last MALength pivots
Use ...
This Indicator displays the two different Averange Percentage Range (APR) and the Percentage Range of the current bar.
If the long term APR is over the short term it indicates a lower volatility otherwise a higher.
You can set the calculation method, rising for (highest/lowest-1)*-100 or falling for (lowest/highest-1)*-100.
*Past Performance Does Not Guarantee Future Results*
*Strategy created for backtesting purposes only.
*Backtesting assesses the viability of a trading strategy or pricing model by discovering how it would have played out retrospectively using historical data.
* Please be sure to read all updates below as the information below could change with future updates.
...
Trying to include few basic things which is needed for strategy which can be used as template.
Few important components
Strategy parameters
Few important parameters include - initial_capital, default_qty_type, default_qty_value, commission_type, pyramiding and commission_value. All my strategies will have similar settings with initial captial set to 20000 to...
This is an indicator that expands the usability of ATR into a strong and valuable volatility indicator.
With the Relative ATR you can quickly see when the current market volatility its extremely low, normal or extremely high in relation to the past.
This provides traders with a much more valuable insight as to the current market conditions than normal volatility...
This script looks for a period with increased volatility, as measured by ATR (Average True Range), then it looks for a high or a low in that area.
When price is above EMA (200 is default, can be changed), it looks for the highs and adds multiples of ATR to the high. Default values for multipliers are 3,9 and 27, meaning that the script will show 3xATR level above...
Hello everyone, this indicator, which is similar to the Most indicator, which is one of the most used indicators in the market, also has the following features.
1. BB and BS point: HMA 200 bar was used for BB point. The same applies to BS. When the last closing price crosses HMA200 up, BB signals, and when it crosses down, BS signal comes.
2. GO and ATTENTION...
This indicator shows the annualized volatility, computed using the ewma method. It also uses average true range (ATR) as the daily return, rather than the typical close-to-close percentage change. You can uncomment the "comparison" series to see how it compares to the standard deviation, daily log return method. The standard deviation method weights all periods...
ATR backtester... input the desired number of bars backwards (I'd recommend 100 or so), and then it'll spit out in the columns on the right side of the screen how many times each ATR was hit. Helps to tell at a glance where bullish and bearish is for the stock. May not be insanely useful since you can just look at the chart, but feel free to use the code yourself...
This iGROW_Supertrend Strategy is based on the very popular and widely used indicator Supertrend. Supertrend is one of the most common ATR based trailing stop indicator. The Average True Range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value.
In this Supertrend strategy, 3 Supertrends have been used with different...
Back to my favourite supertrend. But, this time on the basis of zigzag pivots.
This is similar to forming supertrend based on pivot high lows - but instead of using pivot poitns, we are using zigzag pivots here.
Zigzag is derived using the same method as this script:
But, have removed labels and display options of zigzag. Older lines are also immediately...
![ETHUSD: Rosebud Trend Backtest [DepthHouse]](https://s3.tradingview.com/b/blzHcf2L_mid.png "Rosebud Trend Backtest [DepthHouse]")
