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raminyazdanpanah

Adaptive Moving Average with ATR bands

raminyazdanpanah Updated   
Moving Averages Average True Range (ATR)
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movingaverage averagetruerange
This is script is essentially "AMA" and was originally developed by Alex Everget , I just added half ATR as a band to AMA to reduce the false breakouts and
use it to confirm hidden divergence with it.
Release Notes:
Just added an input from user to use it for Stop loss.
basically x*ATR is going to be used for stop loss.
you have to add/subtract it from closing price yourself.
Release Notes:
The previews version ruined the scale and actually plotted the stop loss line which was not intended to do that.
Open-source script

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