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DepthHouse - ATR Bands

DepthHouse ATR Bands is a FREE INDICATOR
Similar to the well-known Bollinger Bands.
Instead of using the standard deviation formula, ATR Bands determines the size of the bands based on the adjustable average range.
IF you use this FREE Indicator:
BTC: 1MLnVPqebcFTqYEVAKm9dSCRWhyNDmAb5W
ETH: 0xEEcD7Ce6E22AfA6083074c4CCd326Be0b1C932d9
How to use:
The bands tighten while the markets’ range becomes lower, and widens as its' range becomes broader. Giving the indicator a loaded spring effect.
A break outside of the bands in either direction indicates a possible breakout.
All 3 bands serve as possible support and/or resistance. Meaning breaks back into the bands could indicate a reversal, or end of the breakout.
This indicator is completely customizable, so compiling multiple sized bands on top of each other may create a strong competitive edge.
--
IF YOU SUBSCRIBED
This indicator was intended to be available for purchase Jan 2018.
However, with recent change of mind I have decided to make it free to use.
IF you previously subscribed. I greatly appreciate your interest and I hope you enjoy this now FREE indicator!
Once again, thank you!
Similar to the well-known Bollinger Bands.
Instead of using the standard deviation formula, ATR Bands determines the size of the bands based on the adjustable average range.
IF you use this FREE Indicator:
- Please like and comment!
- Check out my channel on YouTube! youtu.be/b79-6P1BvSU
- Bitcoin and Ethereum Donations are always appreciated :)
BTC: 1MLnVPqebcFTqYEVAKm9dSCRWhyNDmAb5W
ETH: 0xEEcD7Ce6E22AfA6083074c4CCd326Be0b1C932d9
How to use:
The bands tighten while the markets’ range becomes lower, and widens as its' range becomes broader. Giving the indicator a loaded spring effect.
A break outside of the bands in either direction indicates a possible breakout.
All 3 bands serve as possible support and/or resistance. Meaning breaks back into the bands could indicate a reversal, or end of the breakout.
This indicator is completely customizable, so compiling multiple sized bands on top of each other may create a strong competitive edge.
--
IF YOU SUBSCRIBED
This indicator was intended to be available for purchase Jan 2018.
However, with recent change of mind I have decided to make it free to use.
IF you previously subscribed. I greatly appreciate your interest and I hope you enjoy this now FREE indicator!
Once again, thank you!
보호된 스크립트입니다
이 스크립트는 비공개 소스로 게시됩니다. 하지만 제한 없이 자유롭게 사용할 수 있습니다 — 여기에서 자세히 알아보기.
Creator of DepthHouse Indicators on TradingView!
↣ depthhouse.com/
↣ depthhouse.com/
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
보호된 스크립트입니다
이 스크립트는 비공개 소스로 게시됩니다. 하지만 제한 없이 자유롭게 사용할 수 있습니다 — 여기에서 자세히 알아보기.
Creator of DepthHouse Indicators on TradingView!
↣ depthhouse.com/
↣ depthhouse.com/
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.