sickojacko

Baseline + cross signals within atr channel

This script displays an KAMA (kaufman adaptative moving average) baseline on the chart (default = 14, 2, 30) or a Kijun baseline.
It displays visual signals at every baseline crossover :
- Long (green) if a crossover + within an ATR distance.
- Short (red) if a crossunder + within an ATR distance.
- Filtered signals (not within the ATR channel) are displayed in yellow.

A x factor can be applied to ATR.

Adapted to both dark and light mode
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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