This is a simple script that displays multiples of ATR and shows you where the potential zones for longing and shorting are. The majority of people use ATR as a stop loss, so we can use it for our advantage and get in when they are stopped out. There is also a possibility to add a stop loss, so a trader can lose little when he is wrong and maximize profit when he...
This script is a combination of useful overlay indicators that can be used for day trading or swing trading. You can use it for long term positions as well, but some tweaking may be required. I also added the multi time frame possibility for the majority of settings. This indicator gives you a lot of opportunities and trade setups. Default settings are made for...
This is an intraday indicator.
Average Daily Range provides an upper and lower level around the daily open. It is calculated by taking an EMA/SMA average of a given number of previous days' True Range.
It can be useful for helping guide support and resistance, for taking profits and for placing stops.
It's a similar idea to the ATR indicator, but calculated...
i mix some codes and made this (some are mine, some i collected in trading view while ago)
I hope you like it
two buy point (big and small green arrow)
3 exit (big and small red and orange arrow
bolinger band and ATR plus bolinger resistance and support level
have fun
Average True Range is used to determine if a ticker's trading range is widening or narrowing, which is helpful for finding the trend or to use as a stop loss. The idea of this indicator is to compare the ATR of altcoins versus bitcoin, since volatility is low.
Renko charts are awesome . They reduce noise by only painting a brick on the chart when price moves by a specified amount up/down. When the price reverses, it must go twice the specified amount before a brick is painted. Time is not a factor, just price movement. Sometimes however, you want the pros of a renko chart, but on a regular candlestick chart. This...
Decide T/P and S/L Price easily using ATR
Example: If Buy at 11:00, set T/P at blue line price and set S/L at red line price at 11:00
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ATRを使って利確損切を決めるやつです。既出かもしれません。
例: ロングした時刻の青のところでT/P、赤のところでS/Lを入れるなど。
ATRの値などは適宜調整してください。
NOFOMO Indicator
ABOUT:
This indicator can be used in conjunction with alerts to detect shifts in Momentum, which usually occur before volatility. ATR (Average True Range) is included as a measurement of volatility.
Momentum(White Line)
Zero Line(White Line)
Momentum SMA(Blue Line)
Average True Range(Yellow Area)
Momentum Crossover Momentum SMA(Red...
This indicator can be used in conjunction with alerts to detect Momentum crosses, which usually occur before volatility . ATR is included as a measurement of past volatility after crosses.
Special thanks to Washdil whom discovered this reoccurring theme in many of the major pairs.
Happy trading!
As you can see in the chart below, regular ATR is not useful for long term analysis. Normalizing it, fixes the issue. This indicator can be used to measure absolute volatility. It has a built-in stochastic as well for relative volatility. ATR counts high and low in the equation unlike Bolinger Band Width.
Stochastic:
![XBTUSD.P: ATR Entries & Stop Loss [Jigga]](https://s3.tradingview.com/r/rlD5NziJ_mid.png "ATR Entries & Stop Loss [Jigga]")
![XBTUSD.P: ADR - Average Daily Range [@treypeng] [v2]](https://s3.tradingview.com/t/TcRklUf2_mid.png "ADR - Average Daily Range [@treypeng] [v2]")
![BLX: Normalized Average True Range (NATR) (Volatility) [cI8DH]](https://s3.tradingview.com/l/LUvQgXce_mid.png "Normalized Average True Range (NATR) (Volatility) [cI8DH]")
