Average True Range Bands
The 30-day Average True Range is useful in Futures and Forex trading for placing stop orders for entry.
In the example above, a trader may want to initiate a Short position on a break below the support trendline.
A good place to enter this trade would be a price break below the support trendline minus 50 to 100% of the current ATR...
Simple indicator with the thought of merging MACD and ATR. The idea has come from trying to find a way to define sideways markets. Whipped this up quickly to explore the idea.
Feel free to throw in suggestions or even mention other open source indicators that define sideways markets well.
Simple instructions
If histogram green, breakouts/trade zone.
If histogram...
Normalized Average True Range combined with Williams %R - Celasor 04/2020.
Indicator can be used for identifying potential market bottoms with the following criteria: Normalized ATR is above 80% and Williams %R is below -80.
This script combines both indicators and displays bars to mark where conditions are met. Future updates may include selectable smoothing.
1. Shows TR at daily bars
2. Shows ATR lines intraday: 100% and 75% (customizable)
3. Shows hint with ATR for current day and percent passed
4. Show high and low of the 1st hour
This strategy uses a combination linear regression moving averages and ATR, fine-tuned to the USD/JPY 30 minute chart. Without going into too much detail, the long/short signals are based upon linear regression moving average crosses and slope with ATR confirmation.
All code is based on one time frame with no security functions so zero repaint. Backtest is...
An experiment to combine two range filters and plot the average of both to smooth out the signals.
This works significantly better than the typical ATR set-up, but there's still too much noise here to set and forget with bots. Use it as the basis of your own system with additional filtering on top.
The latest in the indicator series tailored to discretionary traders.
This script draws a channel by using the highs and lows of previous timeframes. The H1 and H4 fill is extremely useful for taking low timeframe front-side reversals in a ranging environment, while providing high timeframe levels to take profit at, and plan your next trade.
I believe this...
Discover trends instantly thanks to our new indicator.
A popular trading expression says: "the trend is your friend until it ends." This indicator makes it easier for any trader to see the market's major trend and trade accordingly.
Calculations are based on Average True Range.
This indicator does not provide signals or alerts. It is best used as a confirmation...
A modification of the original Random Walk Index (RWI) script by everget, this one updates to version 4 and adds a threshold value and colouring.
If both high and low are below the default threshold of 1.0 the line chart will be coloured in grey.
Adjusting the length and threshold should allow you to see flat and choppy periods.
BlackPika X1 Algo is a successor to the original BlackPika Algo.
It uses the following main elements:
RSI
ATR
ADX
Volume
Chopiness Filter
Trailing Profit
Fixed Profit
Trailing Stop loss
Fixed Stop Loss
Donchian channels and some more...
The backtest you see includes a commision of 1% and slippage of 1 tick. and the start date is from 2015
All the above...
KBL Trend Master is Specially design to detect the upcoming and current trend using Price action and ATR based combined Trading strategy.
When KBL Trend - Master line indicated with Green color and price is above the KBL Trend - Master Line , Then the trend is in buy side and a buy trade is preferred.
And same for sell trade,
When KBL Trend - Master line indicated...
What is our indicator?
Theft Indicator - Buy & Sell Alert System is our first published script that shows price action on a certain period of time (We Use ATR indicator). We take pride in enabling trading to become easier for the experienced and the non-experienced traders around the globe. Buy & Sell alerts will be fired once a condition in our algo is met.
...
What is our indicator?
Theft Indicator - Buy & Sell Alert System is our first published script that shows price action on a certain period of time (We Use ATR indicator). We take pride in enabling trading to become easier for the experienced and the non-experienced traders around the globe. Buy & Sell alerts will be fired once a conditions in our algo is...
KBL Trend Filter is a combination of Average true range and range breakout settings.
When KBL Trend -Filter Vertical line indicated with Green color and price cross over the candle on which the green vertical indicator came, then it is considered as a buy trades.
And same for sell trade,
When KBL Trend -Filter Vertical line indicated with Red color and price cross...
KBL Trend Master is Specially design to detect the upcoming and current trend using Price action and ATR based combined Trading strategy.
When KBL Trend - Master line indicated with Teal color and price is above the KBL Trend - Master Line , Then the trend is in buy side and a buy trade is preferred.
And same for sell trade,
When KBL Trend - Master line indicated...
KBL Trend Slave is Specially design to detect the correct trend and specially to avoid market noise in range bound market conditions.
When KBL Trend - Slave line indicated with Green color and price is above the KBL Trend -Slave, Then the trend is in buy side and a buy trade is preferred.
And same for sell trade,
When KBL Trend - Slave line indicated with Red...
This was inspired by Hedgeye's Risk Ranges product and calculates daily risk ranges for assets. It uses volatility , the volatility of volatility , the skew of volatility and price to calculate a range that can be used for entries either long or short.
Message me for a free 7-day trial and pricing
