OPEN-SOURCE SCRIPT
HMA ATR Range v2
In Alan Hull's books he talks about his 'range indicator' which is the HMA and ATR to give buy / hold / sell signals.
It is the HMA with the ATR SL with the Trend and (ATR multiplier * Period) + HMA for the TP (upper range)
It is the HMA with the ATR SL with the Trend and (ATR multiplier * Period) + HMA for the TP (upper range)
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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