PROTECTED SOURCE SCRIPT
ARS Strength Index
This script is a graphis representation of Gunbot`s addon called ARS.
Small script indicator showing the strength (volatility) of a current selected pair.
Based on % deviation between ATR and baseline SMA(ATR)
Supposed to be used on 1h frame.
Could be used to switch automated trading strategy settings to more save if index grows.
Green zone is calm market
Yellow zone is average
Red is risk zone
Purple is high risk zone (liqudation)
Small script indicator showing the strength (volatility) of a current selected pair.
Based on % deviation between ATR and baseline SMA(ATR)
Supposed to be used on 1h frame.
Could be used to switch automated trading strategy settings to more save if index grows.
Green zone is calm market
Yellow zone is average
Red is risk zone
Purple is high risk zone (liqudation)
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.