1) Paints two lines based on previous bar's true range, has option for custom multiplier to make stop a factor of previous bar's TR. Used for quick identification of stop loss placement based on previous bar set-ups.
2) Identifies bar on close which has true range that is smaller than a period-chosen ATR criteria. Additionally, has an input for a raw "ATR Shave"...
This is a simple script to assist you in manual backtesting! Perfect for the NNFX crowd or anyone that enjoys manual backtesting.
Usage
1. Slap this bad boy on your chart.
2. Adjust period and multiplier (defaults are 14 period and 1.5x).
3. Put on the indicator/system you are testing.
4. Enter bar replay mode.
5. Drag your long/short position take profit and...
Inverse Fisher transform on stochastic with Hull MA and Donchian Channels with oversell/overbuy levels and dynamic trailing stop
Options:
Fixed trailing stop
Dynamic, based on ATR trailing stop
Re-enter after trailing stop
Includes Hull MA
Hull MA filtration for re-entering after trailing stop
Donchian channels, with overbuy/oversell levels
No repaints
Compares a Moving Average with its Standard Deviation of price an displays as a histogram.
Green bars indicate STD DEV above MA and therefore of higher than average volitity
Red bars indicate STD DEV below MA and therefore of lower than average volitity
Bollinger bands multi tool.
The user is allowed to turn on/off four sets of bollinger bands.
The calculation uses simple moving average as default.
However have other options:
Basis options:
options : "SMA", "EMA", "WMA", "VWMA", "SMMA", "DEMA", "TEMA", "HullMA", "LSMA", "VWAP"
Basis can be turned on/off.
The tool allows the user to adjust standard...
Second day at Pinescript and I am attempting to tweak the Bollinger Bands directed strategy to send alerts to Zignaly in order to automate long buy/sells.
I've left in the short script though for completeness.
The buy and sell instructions work perfectly but I don't know how to do a cancel order alert (as included in the original strategy)
![NZDUSD: Standard Deviation with MA v1 [wm]](https://s3.tradingview.com/2/2BX59bGX_mid.png "Standard Deviation with MA v1 [wm]")
