OPEN-SOURCE SCRIPT

ATR Bands with QQE [LM]

Updated
Hello traders,

I would like to present you ATR Bands with QQE. This indicator is different than my other indicators I used QQE oscillator as an entry indicator, and atr bands I have used as an exit indicator.

You can see 2 set of bands with different multiplicator, first is used as first target profit, stop loss and second as a second target

There are two modes that takes, first is static mode that gives you lines with 1st, 2nd target profit and in red color stop loss.
snapshot

Second mode has static first target and trailing stop loss
snapshot

Settings:
Genreal settings - basic setting of source for atr bands, line settings,
First atr bands setting
Second atr bands setting
QQE settings

Cheers,
Lukas
Release Notes
small changes in comments and titles
ATRAverage True Range (ATR)qqeRelative Strength Index (RSI)

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 publication is governed by House rules. You can favorite it to use it on a chart.

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