This script uses band passes to normalize Average True Range. A high band pass is used to remove signals greater than the wave_duration period. a low band pass is used to remove signals smaller than the lowerband input
Release Notes
updates script to normalize the band pass, rather than just centering it
Software Engineer and FX, Options, Crypto Trader. Previously worked at large options market maker. If you like my scripts and would like to donate: Bitcoin: 179ETrGo3FCVcnBV8i1uc4J8YHFRknYytz Eth: 0x73d59A8214FD70053aF37E9700692e25de441245
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.
Software Engineer and FX, Options, Crypto Trader. Previously worked at large options market maker. If you like my scripts and would like to donate: Bitcoin: 179ETrGo3FCVcnBV8i1uc4J8YHFRknYytz Eth: 0x73d59A8214FD70053aF37E9700692e25de441245
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