OPEN-SOURCE SCRIPT
Moving Average of Average True Range - EMA ATR
So I came across the need of wanting to smooth out the ATR of something that has some violent swings in it in order to better place some stops.
Simply put the output of the ATR into the EMA function.
Everything is labeled easily in the settings window you you can clearly change period length for each function.
Simply put the output of the ATR into the EMA function.
Everything is labeled easily in the settings window you you can clearly change period length for each function.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.