SD - Average True Range - Daily Weekly Monthly Yearly v5 It gives ATR intervals as 4 hours, daily, weekly, monthly and yearly. The expectation is to fill the ATR targets within the specified ranges. It can be used to determine target points on charts with a clear direction on the train. Unlike the previous version, it is provided to use 2 different periods in...
Hi Friends & TradingView community. Greetings to you. Many traders use ATR to set Stop loss. The built in ATR indicator plots the ATR values as a line. However, many traders do not want the ATR to be plotted on their charts, but are only interested in the ATR value as such. This script does that - it just prints the latest ATR with your set Multiplier value...
MFI/STOCH Hidden Divergence/Trend Beater General Idea: My premise around this strategy was to make a general strategy for crypto that would help out with finding entry positions for when you’re bullish on a crypto and want to hold on for a while, and at the same time avoiding massive drops. Essentially a way to mix long term/ swing trading; I somewhat achieved...
Based upon popular SuperTrend (AKA: ATR Trailing Stop) indicator with the following differences and improvements: Defaults to using Volume-Adjusted WMA ( VAWMA ) for ATR. (Can still be configured to behave exactly like classic SuperTrend.) Can use SMA, EMA, WMA, VWMA, and VAWMA instead of just SMA. Confirmation close bars for avoiding false breaks. ...
B1rd's Awesome ATR: An objective method of determining an initial Take Profit and Stop Loss, based on true market volatility and not arbitrary price levels. This indicator gives the user a powerful range of input variation with myriad permutations of smoothing and look back lengths, to build an objective value from which to measure profit and stop levels. This...
In this scrip we have combine Pinbar Candlesticks calculated using Fibonacci, the bullish hammer candlestick and bearish star candlestick with EMAs and ATR. I have used 12 Hour time frame which works well EUR/USD, this script works well on higher time frames such as Daily, 12 hours etc. I have used 1.5 times the ATR as the stop loss and 1 times the ATR as the...
This indicator will help you to get dynamic support lines of EMA 21,55,100,200 and MA 55,100,200. You can get the Price of EMA And MA in Labels also. SOLID LINES - 4 HOUR DOTTED LINES - 1 DAY DASHED LINE - 1 HOUR Hope It will help you. Trade with your own risk. I am not liable for any loss and profit based on this indicator. Thank you.
This script changes the color of the candles based on uptrend (green), downtrend (red), neutral/chop (yellow). It uses an ATR and Pivots to determine the direction, or lack of. Since all markets move differently and market volatility changes, you will need to adjust the settings to find a potential match for the day. It's pretty simple to use. Just enter in the...
This script uses dynamic length to create a different sma type. The length of the "Dynamic SMA" - "dSMA" can be: 'RSI', 'Stoch', 'ATR', 'MFI' or '%R' For example 'RSI' -> the length of the sSMA will be the RSI itself The biggest challenge was: 'Pine cannot determine the referencing length of a series. Try using max_bars_back' error The writer of ...
This Indicator uses Average True Range (ATR) to determine a safe place to put stop losses to avoid being stop hunted or stopped out of a trade due to a tight stop loss. Default multiplier setting is 1.5. For a more conservative stop loss use 2 and for a tighter stop loss use 1. ATR and stop loss prices are displayed in table at bottom of screen. Use high(red) for...
This strategy is designed to use the RSI and EMA filters. A 200 period EMA is used for short / long filters, and the 50 period EMA is used to determine the direction of the short term trend. In addition, the script uses "rate of change" for the fast EMA (trend), volume , RSI (momentum), and price (volatility) and only takes trades when all are in optimal...
Profit Maximizer Indicator on RSI with Tillson T3 Moving Average: PMax uses ATR calculation inside, for this reason users couldn't manage to use PMax on RSI because RSI indicator doesn't have High and Low values in bars, but ATR needs that values. So I personally calculate RSI in a different way to have High and Low values of RSI wrt price...
I wrote some Support/Resistance scripts before this. In this new script, I implemented the logic of the code from the scratch, so it's very different from my previous S/R indicators and I think it's more advanced, accurate and efficient. As the result it could do the followings for now: - Draw more strong classical resistance/support levels by checking previous...
Based on the NNFX Lot size position calculations MoneyMovesInvestments would like to provide to you the Free MM Atr Risk calculator Directions are simple Tells you the Atr value Stop loss in pips You can enter your account size Based on your account size, enter the percent you want to risk then the calculator will tell you your stop loss in pips based on...
This is a simple charting tool box that allows you to do 5 things: 1. Highlight custom time range with transparent background. 2. Plot High, Low of the custom time range and extension. 3. Plot previous day High, Low 4. Highlight market sessions (Sydney, Tokyo, London, New York), session times are customizable. 5. Plot ATR Projections The drawings use...
Displays the following values in a table in the upper right corner of the chart: ADR%: Average daily range (in percent). ATR: Average true range (hidden by default). LoD dist.: Distance of current price to low of the day as a percentage of ATR. All values are calculated based on daily bars, no matter what time frame you are currently viewing. Doesn't...
A scalping based strategy thats works well with EUR/USD 30 minute time frame. This strategy uses stochasticRSI for trade entry. Uses two exponential moving averages for trend detection. The strategy uses Average True Range for stop loss and for two profit targets. We only trade with the trend if the 50 period exponential moving averages is above the 200 period...
Supertrend Bands What is the Supertrend indicator? "The Supertrend indicator is a trend following overlay on your trading chart, much like a moving average, that shows you the current trend direction. The indicator works well in a trending market but can give false signals when a market is trading in a range. It uses the ATR (average true range) as part of...