May be used to find out stocks that have a "relatively" high ATR thereby signifying that it is susceptible to similar moves in the future.
Script to calculate the amount of stocks for of an order in relation to depot size (money), risk awareness, profit target and ATR
Based on the standard ATR trailing stop indicator. A few minor tweaks as used in Chaloke.com's community
ATR levels drawn on a chart as dynamic (can change throughout the day), straight lines. Upper band = daily ATR in pips + daily low. Lower band = daily high - daily ATR in pips. Can be used as a reversal signal if there is a good level past ATR. Can go long/short from there.
ATR levels drawn on a chart as dynamic (can change throughout the day), straight lines. Upper band = daily ATR in pips + daily low. Lower band = daily high - daily ATR in pips. Can be used as a reversal signal if there is a good level past ATR. Can go long/short from there.
The same as the original Supertrend 1.0 indicator except I have added alerts and set the bar colour based on the trend. Original code is here:
Plots three Average True Range channels as described in Alexander Elder's "The New Trading for a Living". You can adjust the EMA and ATR days that are the basis of these channels. This is my first script – happy to get any feedback on this! Thanks :)
The ATR Up indicator shows increased volatility for the period. You can use it to filter your trades.
EXPERIMENTAL: Envelope range weighed by rsi and atr.
Script highlights signal bars for tfc3.ru school trading strategy. Working timeframe D.
Calculates the Average Daily Range for the past 14 days high - low.
A simple yet configurable indicator that shows recent traffic volumes. The time period is specified as weeks/days/hours/minutes, not as bars. Set the volume period to non-zero if you want to use a generalized double EMA instead of plain. The "ratio" option will show the size of the current volume compared to the average volume as computed for the specified time...
A simple yet configurable indicator that shows recent traffic volumes. The time period is specified as weeks/days/hours/minutes, not as bars. Set the volume period to non-zero if you want to use a generalized double EMA instead of plain. The ratio option will show the size of the current volume compared to the volume in the specified time period (expect to see...
I am republishing this indicator as something changed within TradingView's script engine so that the old script ceased to function ( a minor syntax error that used to be acceptable but no longer is). Anyhow here's the fixed version which as you can see has done a great job of keeping us on the right side of the trend with once-hot stocks like Skyworks !
Plots a band of width 1 ATR around the midpoint (HL2) Settings: - Length of ATR