INVITE-ONLY SCRIPT

ATR Pip Control

업데이트됨

█ OVERVIEW

Here is a script based on the ATR but which unlike the traditional ATR using a Multiplier, here we use a signal filter by the Exchange of Prices
between Ticks. The more you increase the value, the more the parasitic signals will be filtered.

█ HOW TO INTERPRET?

• The signals are represented on the chart by "Buy" (Green) and "Sell" (Red) Labels.
• Pip Channel Control : Filters ATR Signals by the Exchange of Prices between Ticks. 0 = Disabled.
• Pip Length : Length of the Pip Channel. Depending on the Markets, the value can differ from 2 to 20 for Futures, Forex, CFD...
(But can go up to 5000 or more for Cryptos.) 0 = Disabled.
• Local High/Low : Local High/Low lines can be used as Stop Loss/Take Profit Zone.
• you have the option to display or not the Unconfirmed Signals on the Chart.
(They will also be displayed with "Buy" and "Sell" Labels but being transparent).
• The indicator works on all Timeframes and all types of markets.
• NO THE INDICATOR DOESN'T REPAINT.

█ ALERTS

Here is the list of Alerts available :

•ATR Buy (Unconfirmed)
•ATR Buy Condition!
•ATR Sell (Unconfirmed)
•ATR Sell Condition!

Please note that it is essential to always choose "Once per bar" (and NOT the "Once per bar close"!) option
whenever you want to place an Alert.

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-Minor fix.

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-Added Any Alert Function call() with frequency set on once_oer_bar

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-We can now also Decrease the Pip Length to get more Signals.

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-Instead of Decrease the Pip Length we have set the maximum number of signals to default so that you can filter them however you want. This will also allow you to get much more accurate filtering and signals.

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-Bug fix.

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-Bug fix

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-Improved "Tooltip".

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-Instead using "RMA" Integrated Function for Baseline MA we added a Custom Range FIlter Function that works better.

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-Going back to "RMA", Range Filter Function need improvements cause it was bugging on some markets.

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-Added the possibility to adjust the length of the RMA.
-Minor Improvements.

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-Added a lil bit of help in the "Pip Length" Tooltip.

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-Improvement of the estetic. (Purchase label change to blue which is more visible on a white background).
-Improved Tooltips.
-Reorganization of settings.
-Added Pip Channel Control Baseline based on ATR Period.

Cheers !

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-Minor improvement.

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-Added NO-REPAINTING MultiTimeFrame option.

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-Bug fix.

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-Added tooltip for MTF (HTF) option.

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-Minor improvements.

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-Added "Price Type" option.
-Added some Tooltips.
-Minor improvements.

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-Minor improvements.

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-Added ATR Channels.

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-Bug fix.

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Updated Pip Length Tooltip.

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-Improved tooltips.

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-RMA Length removed from settings since the Pip Channel Control is now working fine with HTF.

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-Improved Signals calculation. You don't need anymore to Increase the value of the Pip Length to have Bullish Filter or Decrease it to have Bearish Filter. It now work for Both.

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-Going back on last stable update. The new calculation need improvement cause it not working with other sources than OC2.

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-FINAL UPDATE :
-we wanted to go back to the fundamentals and focus on the main indicator option, namely “Pip Length”. So we decided to simplify the settings interface as much as possible by adding a much more efficient calculation at the same time. We have removed the HTF because it is unnecessary here. This is the final update. Some updates may happen in the future but they will become rarer and will be minor. The indicator is now working like a charm. Enjoy!

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-Minor improvement.

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-Last Minor Improvement.

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-Code cleaning.

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-Added Lag Reduction option.

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-Added Price Type again from the request of user. Price Type is now on OHL3 by default.

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-Minor improvement.

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-Minor improvements.
-Updated Pip Length Tooltip.

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-Minor improvement.

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-Last minor improvement before market opening.

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-MAJOR UPDATE : More simple but more user friendly indicator design.
-You now have only one option for filter signal called "Pip Control".
-Signals has been improved too. Backtested to 70-84% Winrate on any market.

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-Updated Tooltips.

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-Minor improvement.

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-Improved Signal Filtering.

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-Minor improvement.

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-Improved signals (again! :D)

-Please if you have the indicator loaded on your chart remove it and re-apply it 3x time to be sur the update has been taking effect.
-For this update, you need to remove and reput your Alerts too (you may need to readjust settings since we have improved calculation).

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-Minor improvement.

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-Added "ATR Informations" option with his tooltip : "This option will show you next to the last current Candle (in Gray color) the elapsed Time in % on the current Candle from its opening to its closing, the current ATR Value and the Winrate of the ATR calculated by the total number of Wins/Losses Trades. Please note : this does not reflect the REAL Winrate on yours Trades. This option can be only used to give you a hand in best tuning the ATR signals."
-Minor Improvement.
-Code Cleaning.

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-Minor improvements.

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!=BIG UPDATE=!

We have improved the way the ATR interprets signals. To do this, we have recreated in our own way the "RMA" function which is much faster and more efficient. We have therefore at the same time removed the "unconfirmed" signals because all the signals are directly confirmed and a bar before. By default, it will seem to you that there are more signals than before posting on the chart (which can be useful for scalping) but above all this is what allows us to have an increased success rate.

WARNING: for this update you must delete and reconfigure your alerts.

Have a good trade and don't forget ... risk management remains the most important!

PS : A video tutorial is coming soon on my website!

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-Minor fix

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-After a user is pointed out to us that the signals do not remain in intra-bar (even if this does not seem to be the case during the beta-test) we decided to reinstate the unconfirmed and confirmed signals while keeping the new algorithm. While waiting to find a solution to the problem.

Cheers

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-Added option to see "False Signals" with his Tooltip.

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-Minor fix

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-Minor fix.

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-Added a section to choose the type of wallpaper used (Dark or Bright).
-The color of the "False Signals" will change according to the type of wallpaper chosen.
-Removal of the old alert system to make way for the new "Any Alert Call Function" completely. This unites all the alerts on an alert. To configure your alert by choosing to have alerts only for the options you want, you just have to deactivate the option in question. For example if you deactivate "Show Unconfirmed Signals" before placing an alert, you will not have an alert for them.

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-The Background Type color has been changed to "Bright" by default.

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-Minor improvements.

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-Improvement in the new calculation of the ATR Pip Control. Sorry but you have to reset your alerts for this one. (But that's for community guys :))

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-Updated Tooltips to know where Alert(s) is available in an option.
-Improved a lil bit ATR calculation to find Highest and Lowest using a custom function instead using close.

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-Minor improvement.

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Converted to PineV5.

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-Minor fix.

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-Minor fix

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-Minor improvement.

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-Minor improvement.

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-Code cleaning.

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-Big ATR algorithm improvement.
-Simplified Settings. (optional options has been removed)
-Added custom colors option.

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-Minor improvements.

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-Code cleaning.

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-'Wait for Close' option has been disabled by default because we don't encounter many false signals anymore

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-Tooltip has been edited for "Pip Control" (Renamed has "Tick Number" by the way) to have an better and more simple explanation on how to use it correctly

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-Filtering and signals reactions has been improved more it was already are! : ))
-The option that EVERYONE was waiting for is now available : 'Auto Pip Control' or 'Auto Tick Size' call it whatever you want but you don't need to readjust Tick Size value in settings menu each time you are changing of chart!

Cheers 🍻

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-Code cleaning

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-Added 'Local High/Low' or 'Local Ends' option again

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-Following the request of some users, an ATR Multiplier has been included.

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-Code cleaning

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-Pip Control option is back following the request of many customers

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-Minor fix

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-Minor improvements

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-Minor improvement

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-Improved signals detection
-Minor fix
-Code cleaning

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-Improved 'Pip Control' option logic
-Removed multiplier
-Code cleaning

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-Minor improvement

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-Minor fix

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-Following the request of a customer, "ATR Multiplier" option is back

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Optimized Signal Mechanism: We've revised the logic behind the signals to ensure more consistent performance when adjusting the 'Pip Control' setting. This optimization ensures better homogeneity in signal behavior across different markets, enhancing the indicator's reliability and effectiveness.
Updated 'Pip Control' Default: The default value for 'Pip Control' has been updated to 20. This change is based on extensive testing and is designed to offer a more balanced approach to signal sensitivity across diverse market conditions.
Added Tooltips: To improve user experience and understanding, tooltips have been added to all input settings. These tooltips provide helpful information about each setting, making the indicator more accessible, especially for new users.
Code Refinement
Code Cleaning: We've performed a thorough cleaning of the codebase. This cleanup not only enhances the efficiency of the indicator but also improves its readability and maintainability, ensuring smoother updates and customizations in the future.

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-Updated License

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-Minor improvement

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🔄 ATR Pip Control Change-log

📅 Version 3.0.0

[hr]

🚀 Enhancements:

1. 📈 Dynamic Coefficients for Volatility Adaptation:
- Implemented dynamic coefficients for ATR band calculation, allowing the indicator to adapt to market volatility.
- This change improves the accuracy of high and low point detection, making the indicator more responsive to market conditions.

2. ⚙️ Filter Type and Value Adjustments:
- Introduced an option to select the filter type (Tick or Pip) for signals.
- Adjusted filter value settings to accommodate both tick and pip-based filtering, enhancing the flexibility of the indicator.

3. 🔍 Improved ATR Signal Detection:
- Enhanced the logic for detecting bullish and bearish ATR signals based on high and low points, with added filters for signal strength.
- This update increases the reliability of the ATR signals, helping traders make more informed decisions.

4. 📊 Local End Lines Display:
- Added functionality to display local end lines at the end of trends, providing visual cues for trend termination.
- These lines help traders identify potential reversal points more clearly.

5. 🔢 Normalization and Calculation Functions:
- Implemented normalization functions to standardize values for dynamic coefficient calculation.
- Added robust calculation functions for bands and detection points, improving the overall performance of the indicator.

6. 📉 Enhanced Plotting and Alerts:
- Improved plotting of bullish and bearish ATR signals with customizable colors.
- Added alerts for new ATR signals and crossovers of local end lines, keeping traders notified of significant market events.

🐞 Bug Fixes:

1. 🛠️ Signal Filtering Improvement:
- Fixed issues with signal filtering by ensuring proper calculation of filter values based on selected filter type.
- This fix ensures that only significant price movements trigger signals, reducing false positives.

2. 🧹 Line Deletion Logic:
- Corrected the logic for deleting previous local end lines to prevent residual lines from cluttering the chart.
- This improvement ensures that the chart remains clean and easy to read.

3. 🔧 Crossover Detection:
- Fixed bugs related to crossover detection of local end lines, ensuring accurate identification of price crossovers.
- This fix enhances the reliability of alerts for local end line crossovers.

📋 Miscellaneous Updates:

1. ⚡ Code Optimization:
- Refactored and optimized the code for better performance and readability.
- These changes make the script more efficient, reducing the computational load on the platform.

2. 📝 Documentation and Comments:
- Updated the code documentation and comments to provide clearer explanations of the new features and enhancements.
- This update helps users understand the changes and how to use the indicator effectively.

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-Minor fix.

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-Updated chart.

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-Minor improvement.

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-Code cleaning.

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-Updated acquisition link.

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-Minor improvement.

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