ATR

MACD/ATR This indicator is a restricted MACD . I reached this with a little trick: I devided it by ATR . This way it is most of the time inside the -1..1 range. It depends on the length of the ATR's period. If it is greater, the probability of outliers is greater. With this indicator you can use cerain levels of MACD and its histogram as a trigger. Share with me if you found it useful.

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[mya] ATR Filtered ATR Filtered for NNFX trading. A classic Average True Range (ATR) indicator with a simple feature to filter out the spikes. The ATR value is the tool to determine your TP and SL on daily time-frame, specifically in the NNFX way of trading. VP mentions in his podcast that when the ATR spikes up you have 2 options: 1. wait 14 candles for the ATR to normalize, 2. use the ATR value prior to the spike. ATR spikes are easy to spot (thus easy to exclude) for an itraday flash crash. On the other hand when volatility increases over several candles (as in the Covid-19 shock) it can be difficult to determine which ATR value to base your TP/SL on. In definition of standard deviation, 95.4% of the value will fall within the 2 sigma bands. Therefore the rest 4.6% can be filtered out as an extreme value (a spike). The ATR in this indicator will plot the standard ATR value in normal condition, then when the ATR spike happens it will stay at the highest value at the point, when the ATR exceeded its 2 sigma band. The filtering will reset when the ATR comes back down below the extended highest value. *Disclaimer: Use at your own risk. I am not a programmer, just another guy trying to beat this game. Let's go get it.

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BEST ATR Stop Multiple Strategy Hello traders Here we go again.... with another strategy snippet. Reminder: it's an alternative of this Trailing Stop strategy script Entry logic The entry is based on a Simple Moving Averages (SMA) cross. This part doesn't matter here - as I wanted to focus on the ATR multiple stop loss component. ATR STOP This strategy snippet uses an entry stop loss defined based on a multiple of the average true range value. The soure code detects ATR value at entry price, applies the multiplier and will set a static (= non trailing) stop-loss to each position A pinescript v4 label will appear for each new signal displaying the ATR*multiplier value at signal time All the BEST Dave

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SuperTrend SuperTrend is one of the most common ATR based trailing stop indicators. In this version you can change the ATR calculation method from the settings. Default method is RMA, when the alternative method is SMA. The indicator is easy to use and gives an accurate reading about an ongoing trend. It is constructed with two parameters, namely period and multiplier. The default values used while constructing a superindicator are 10 for average true range or trading period and three for its multiplier. The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility. The buy and sell signals are generated when the indicator starts plotting either on top of the closing price or below the closing price. A buy signal is generated when the ‘Supertrend’ closes above the price and a sell signal is generated when it closes below the closing price. It also suggests that the trend is shifting from descending mode to ascending mode. Contrary to this, when a ‘Supertrend’ closes above the price, it generates a sell signal as the colour of the indicator changes into red. A ‘Supertrend’ indicator can be used on equities, futures or forex, or even crypto markets and also on daily, weekly and hourly charts as well, but generally, it fails in a sideways-moving market. I had converted Supertrend indicator code for various platforms like Metastock in 2017, but in this PulseWire version special credit goes to everget - Alex Orekhov which gave a great inspiration to look my indicators better with highlights, signals and alarms. Thank you Alex.

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by KivancOzbilgic

Squeeze Breakout using BB and KC [v1.0][Bishnu103]Squeeze Breakout using BB and KC

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Zero Lag Keltner Channels This is Keltner Channelz (KC) with Zero Lag Moving Average (ZLMA as base). It is smoother and has less lag than the original (EMA/SMA) variant. It also can be used as a trend indicator and trend confirmation indicator. The upper and lower bands are green if it is an up trend, and red if a down trend. If both have the same color it is a stronger trend.

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Trailing SL Strategy [QuantNomad]I'm a big fan of simple strategies. This one is a very simple one. So it consists only from one Trailing SL. When SL is hit, the position is reversed and SL is tracked for a new position. You can choose one of 3 types of SL: % of your price ATR - it is calculated as current ATR * multiplier Absolute As you can see even this simple strategy can show pretty good results.

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ATR based Stop and Take-Profit levels in realtime Little tool to quickly identify stops and take-profit levels based on Average True Range. User can change ATR multipiers, as well as the ATR length used. Green and red lines show these levels; plot is visible over last 8 bars only to reduce clutter. Label showing the current ATR, up above the last bar

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UT Bot Alerts UT Bot indicator was initially developer by @Yo_adriiiiaan The idea of original code belongs @HPotter These are v4 alerts for my previously published strategy: Original script:

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Volatility (Body and Weighted Shadow)- Volatility Indicator - Replacement for ATR - As each pair holds a different level of volatility, a stop loss can be set using this indicator rather than via a ratio 2:1, etc. e.g. 2 X Volatility Value = S/L... - This indicator averages the bodies of candlesticks over a default length of 14 periods. It also considers the length of shadows via a weighted average. This is done as it is assumed that financial institutions tend to move price to levels that do not hold (shadows). Therefore, wick lengths are less significant than the candlestick bodies, so they are weighted to hold less value.

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Simple Moving Average - ATR Trailing Stop The old adage goes "Cut losers fast and let the winners run" With this in mind, this will plot a dynamic trailing stop by subtracting any multiplier of the Average True Range (ATR) from the SMA of your choice.

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UT Bot Strategy with Backtesting Range [QuantNomad]UT Bot indicator was inially developer by @Yo_adriiiiaan Idea of original code belongs @HPotter I can't update my original UT Bot Strategy so I publishing new strategy with backtesting range included. I just took code of Yo_adriiiiaan, cleaned it, deleted all useless pieces of code, transformet to v4 and created a strategy from it. Also I added an input that allows you to swich to signals from Heiking Ashi. I saw that author uses HA for the indicator and on HA it look much nices then on real candles. Do not add this strategy to HA candles, use usual candles and this checkbox. Original script: UT Bot

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ATR [Gu5]ATR (Average True Range) by Sylvain Vervoort In contrast to other ATR indicators, the line changes color when profits start A diferencia de otros indicadores ATR, la linea cambia de color cunado empezamos a tomas ganancias

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BEST Supertrend MA Hello traders, That one is an experiment I was curious to see what a supertrend based on moving average cross could give How does it work? Bull event: fast moving average crossing over the slow moving average Bear event: fast moving average crossing under the slow moving average When the event is triggered, the script will plot the Supertrend as follow UP Trend = ohlc4+ ATR * Factor DOWN Trend = ohlc4- ATR * Factor Interesting to see the results given by ohlc4 vs hl2 and hl3 Documentation: www.pulsewire.com This is an alternative of the classical Supertrend based on candle close being above/beyond the previous Supertrend level. Hope you'll enjoy it and it will improve your trading making you a better trader Dave

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BEST Supertrend CCI Hello traders Today I present you a Supertrend not based on candle close but based on a CCI (Commodity Channel Index) How does it work? Bull event: CCI crossing over the 0 line Bear event: CCI crossing below the 0 line When the event is triggered, the script will plot the Supertrend as follow UP Trend = High + ATR * Factor DOWN Trend = Low - ATR * Factor This is an alternative of the classical Supertrend based on candle close being above/beyond the previous Supertrend level. Hope you'll enjoy it and it will improve your trading making you a better trader Dave

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Average True Range Percentage (ATRP)ATR measures volatility, but you can't compare one instrument vs. another with it because the ATR value will be different depending on the price of the instrument. I went searching for something like ATR but with percentages, so you could compare one stock vs. another to find who is more volatile and found this . It was exactly what I was looking for, so decided to re-create it in PulseWire. Enjoy! Description Average True Range Percent (ATRP) expresses the Average True Range (ATR) indicator as a percentage of a bar’s closing price. How this indicator works ATRP is used to measure volatility just as the Average True Range (ATR) indicator is. ATRP allows securities to be compared, where ATR does not. ATR measures volatility at an absolute level, meaning lower priced stock will have lower ATR values than higher price stocks. ATRP displays the indicator as a percentage, to allow for securities trading at different prices per share to be compared. Calculation ATRP = (Average True Range / Close) * 100

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Maximum True Ramge Plots the the highest true range for the entire dataset. Beneficial for determine an emergency stopp loss.

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Volty Expan Close Strategy with Backtest Date Range Input Information Length Numeric 5 Number of bars used to determine the average true range. NumATRs Numeric .75 Factor used to calculate a percentage of the average true range, used to Long and short entry based on a percentage of price movement beyond the average range. Profitable and simple strategy..

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Trailing ATR Stops This script plots a trailing stop of the ATR multiplied by a user-defined number. Since it is meant to be used as a trailing stop, the value doesn't fluctuate with the price as a normal ATR indicator does, but stays fixed unless price moves away from it. In that case it follows the price. If price crosses the stop level, it resets itself based on current price and starts trailing all over again. User Settings: Support - Use for a trailing stop while long Resistance - Use for a trailing stop while short Both - Acts like a channel and can spot periods of lower volatility

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Premarket High/Low The script draws the high and low of the premarket session and based on these levels the ATR is added and also displayed on the chart as lines. You can change: - The Session Timeframe - The ATR Multiple - If the Aftermarket Session should be included

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UT Bot Strategy UT Bot indicator was inially developer by @Yo_adriiiiaan Idea of original code belongs @HPotter I just took code of Yo_adriiiiaan, cleaned it, deleted all useless pieces of code, transformet to v4 and created a strategy from it. Also I added an input that allows you to swich to signals from Heiking Ashi. I saw that author uses HA for the indicator and on HA it look much nices then on real candles. Do not add this strategy to HA candles, use usual candles and this checkbox. Original script:

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ATR Info Panel by JustUncleL Description: Display Last completed ATR values in a text information panel on the chart. These values are handy for calculating Stop Loss. This script includes input offsets to optionally position the Panel, these can be Positive or Negative offsets. References: Thanks go to RicardoSantos for showing us the way to create a Panel with his Function - InfoPanel

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Adaptive Pivot (HLC3)SUMMARY: Standard Pivot (HLC3) with ATR leeway added to make it adaptive to market volatility. DESCRIPTION: Adaptive Pivot is an indicator utilizing the simplicity of HLC3 Pivots as a turning point (and sometimes a trend indicator) while addressing it's fixed and inflexible nature. Because the indicator is just a single line in the chart, the price may go near it but never touch it. Or it can go pass through it and never retest it again. In an attempt to lessen these from occurring, we can combine pivots with average true range (ATR). This is the specific formula I applied in this indicator: >Upper Pivot = HLC3 + ATR >Lower Pivot = HLC3 - ATR This creates a kind of a range or cloud around the Pivot, making it possibly a more accurate indicator for market turning points. ADJUSTABLE PARAMETERS: The usual ATR parameters are included in this indicator: >ATR_Length = input(14, title="ATR Length", minval=1) >ATR_Smoothing = input(title="ATR Smoothing", defval="RMA", options="RMA", "SMA", "EMA", "WMA") Added to the usual ones is this: >ATR_Multiplier = input(1, title="ATR Multiplier", minval=0.1) which modifies the extent of the ATR (similar to Chandelier Exit) as it is added/subtracted from the pivot values. Pivot’s timeframe is also adjustable: >Pivot_Timeframe = input("3M", title='Pivot Resolution') Note: I did not lock the type to input.resolution to allow for more possible timeframes. OTHER PARAMETERS Indicator color will change to green when the open is above the HLC3 Pivot and change to red when the reverse is true.

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