Obi-wanClintobe

cATRpiller

Obi-wanClintobe Updated   
This indicator is used to identify range breakouts using an ATR multiplier. My first script, Im sure there are indies out there like this, but this my favorite way to identify breakouts and trends.
Release Notes:
Uses average ATR values to determine range breakouts. When used with strength oscilators, cATRpillar can help identify new trends - or break out opportunities.
Release Notes:
This indicator is used to identify range breakouts using an ATR multiplier. My first script, Im sure there are indies out there like this, but this my favorite way to identify breakouts and trends.

**cATRpillar**
-for some reason, I can't update the name.. oh well.. typos schympo.-
Release Notes:
Release Notes: This indicator is used to identify range breakouts using an ATR multiplier. My first script, Im sure there are indies out there like this, but this my favorite way to identify breakouts and trends.

-When used with a strength oscillator, cATRpillar can be useful in identifying ATR breakouts.

**cATRpillar**
-for some reason, I can't update the name.. oh well.. typos schympo.-
Release Notes:
Release Notes: This indicator is used to identify range breakouts using an ATR multiplier. My first script, Im sure there are indies out there like this, but this my favorite way to identify breakouts and trends.

Useful for identifying trends (normal color scheme), as well as for scalping (invert color scheme and use step lines for re-entry points). When paired with RSI or MACD, cATRpillar can be used to identify new trends and swings.

**cATRpillar**
-for some reason, I can't update the name.. oh well.. typos schympo.-
Release Notes:
This indicator is used to identify range breakouts using an ATR multiplier. My first script, Im sure there are indies out there like this, but this my favorite way to identify breakouts and trends.

Useful for identifying trends (normal color scheme), as well as for scalping (invert color scheme and use step lines for re-entry points). When paired with RSI or MACD, cATRpillar can be used to identify new trends and swings.

**cATRpillar**
-for some reason, I can't update the name.. oh well.. typos schympo.
Release Notes:
Fixed a missing input
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Fixed another error.
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Updated to change transparency values. These values are no longer supported by the platform.
Release Notes:
Just a quick update to ad adjustable stop zones for you own ruleset :D
Release Notes:
Removed accidental drawings :P
Release Notes:
Added an SMA line for first close calculating. Second close can be the opposite atr line.
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Adjusted the chart to be more appealing
Release Notes:
Blah again
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And Blah a final time
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

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