I would like to introduce you the ATR color zones with volume radar indicator. It's a fork of @GlobalMarketSignals "GMS: Mr. Yen's Color Zone" shout-out to him.
I have enriched it -> that zones are calculated based on the ATR and percentages as described below and volume radar on candle bars. You can select from which timeframe color zones are...
I developed a different strategy perspective for the Profit Maximizer PMax indicator prepared by Kıvanç Özbilgiç.
When you come to the settings section;
- You will see 2 options as Straregy Type. You can test the price and pmax intersections as different strategies.
- I added the Long-Short option for spot traders to calculate the profitability rate correctly....
I would like to introduce you volatility support and resistance horizontals. It draws line horizontal on high and low vhighly volatile candles. You can select lines on this timeframe and/or another one. It's done in the same spirit like my other indicators for horizontals
The colors are dynamic depending whether price is below or above the...
2 agitated candles falling inside ATR range, awaiting possibly a big move.
Buy / Sell signals at combined high / low can be used as order with other as stop loss.
Counter trade, when this minimal stop loss is hit, is also as useful. However, wait till the SL candle closes, before opening position on the other side.
Works quite well on 15 mins chart, with settings...
This strategy trial is let you to giving sell and buy orders with ATR (average true range) and an coefficent for them. it is my first strategy work, needs to be upgraded. USE IT WITH YOUR OWN RISK. IT IS NOT EVEN GUARANTEED TO WORK.
If you want to get an idea if the current range (low to high) is extended or not?
This script should help you to get an idea relative to the ATR.
Further comments you find in the script.
Feel free to modify upon your needs.
NB: Due to issues around the "security" function, the recommended patch of Trading View was implemented.
This script computes the strength of pin bars.
This script uses the corrent and the previous two bars to compute the strength of pin bars.
The strength of pin bars can be also comared with average true range, so we can evaluate those pin bars are strong or weak.
Pin bar is a popular price action trading strategy.
It is based on quick price...
To appreciate dear Mr.Khakestar efforts I have converted his mt4 ATR formula to pine script. All credits go to him.
you can view the ATR result of each candle in the past:
The first black number is the ATR of the M1 chart.
The second black number is the ATR of the M5chart.
The third black number is the ATR of the M15 chart.
The fourth black number is the ATR of...
Same coding only coloring and strategy version added
Green = Trail1 > Trail2 and close > Trail2 and low > Trail2
Blue = Trail1 > Trail2 and close > Trail2 and low < Trail2
Red = Trail2 > Trail1 and close < Trail2 and high < Trail2
Yellow = Trail2 > Trail1 and close < Trail2...
I am sharing the strategy version of the indicator used before. It is very simple to use.
These are the settings I use, you can change, test and use as you wish.
Atr Period 5
Highest High Period 10
It can generate more signals in shorter time frames.
The success rate will be higher in longer time frames.
This merges Volatility Stop & its MTF version both published by u/TradingView . Background is colored green or red when both the current timeframe Vstop and higher timeframe Vstop point in same direction. Aim is to take the standard Vstop script which differentiates market from only uptrend/downtrend to uptrend/downtrend/sideways. There is a tradeoff with this,...
This screens for Supertrend reversal's in 10 different securities. The main logic for the screener is taken from "Simple Custom Screener in Pinescript" by QuantNomad with his permission. If the label color is not visible due to the text in it being white colored, then choose a different color from settings. Also added a simple supertrend to it.
Plots the daily ATR on the chart as upper and lower levels.
It can be use to adapt your trading in high and low periods of market volatility, determine reasonable target or take profit, entry at likely mean reversion, stop loss beyond normal flows etc...
More on the script behavior:
- Daily ATR upper/lower levels are applied on the current day low/high;
Hey, I am glad to present you one of the strategies where I put a lot of time in it.
This strategy can be adapted to all type of timecharts like scalping, daytrading or swing.
The context is the next one :
First we have the ATR to calculate our TP/SL points. At the same time we have another rule once we enter(we enter based on % risk from total equity, in this...
ATRCD calculates a MACD over the Average True Range, therefore helping traders to spot momentum in volatility.
The Average True Range is a measurement of the average candle size over a period of time, i.e. when the candles are small, the ATR is low. ATR measures volatility .
The MACD is a momentum indicator. It measures market momentum based on the average...