I wasn't going to publish this since it's one my go to private indicators, but I decided to push this out anyway. This is a variation on Damiani Volatmeter to make it easier to understand what's going on. Damiani Volatmeter uses ATR and Standard deviation to tease out ticker volatility so you can better understand when it's the ideal time to trade. The idea here...
This script shows upto two lines that represent a deviation from the price based on a multiple of the ATR% close + ( (close / 100) * ( atr * upperMultiplier) ) and close - ( (close / 100) * ( atr * lowerMultiplier) )
Originally volatility quality was invented by Thomas Stridsman, and he uses it in combination of two averages. This version: This doesn't use averages for trend estimation, but instead uses the slope of the Volatility quality. In order to lessen the number of signals (which can be enormous if the VQ is not filtered), some versions similar to this are using pips...
I wanted to test the pullback strategy shown by TradePro and 5 minute scalping channels on the YT. So here it is, worked on USDCHF pair best and not so much on other forex pairs on 15 min or 5 min charts as shown in strategy. Entry rules for Long: Price above EMA200 or G channel as trend filter Donchian trend ribbon in retracement or red in color Wavetrend cross...
// A Price/ATR oscillator with cumulative waves. // Based on Cumulative Volume Delta, but using price movement alone. // Public Domain // By Jolly Wizard
Displays ATR and True Range on the same panel. Adjust the input and style settings to your liking.
Displays daily percentage on the bottom right corner of chart. Formula: True Range / ATR * 100
// An oscillator that visualizes Ichimoku trend line distances in terms of ATR. // Public Domain // By JollyWizard
✨SKYtrend Bruteforce Now Open Source✨ 📌This indicator analyzes the trend and calls Long/Short which is fully custom to fit your style of trading. 📌Custom Take Profit Levels currently have 3 TP levels for Long and Short you can decide which % each TP will be in settings. 📌2 Custom Stoploss levels. For Long or Short. Can Enable or Disable either. 📌Can set alert...
This indicator provides values of ATR, TR and DATR values side by side which makes it easy for user to compare it for current candle and takes decision. It is not a complete system for trading but it aids in taking decision for entry and exit. for eg. ema crossover is formed for entry, we can take entry 5% of datr above pattern and keep stop loss 10% datr below...
BACKGROUND This indicator calculates the daily and weekly +-1 standard deviation of the S&P 500 based on 2 methodologies: 1. VIX - Using the market's expectation of forward volatility, one can calculate the daily expectation by dividing the VIX by the square root of 252 (the number of trading days in a year) - also know as the "rule of 16." Similarly, dividing by...
This might just be the ultimate strategy to identify reversals. This strategy includes a scanner, a backtester and ability to connect it with you 3 commas bot(See adviced settings below) Strategy: -Signals reversal that happened in the last bar. This signal DO NOT repaint. -Identifies potential reversal that might happen in the current bar but can also not...
This script is a trend following system which uses a long term Moving Average to spot the trend in combination with the Average True Range to filter out Fakeouts, limiting the overall drawdown. Default Settings and Calculation: - The trend is detected using the Exponential Moving Average on 200 periods. - The Average True Range is calculated on 10 periods. -...
Indicator Name : ATR-FXV2 Features : This indicator will allow the user to read current and previous day ATR values with Multiple time frame. Using yesterday 1 hour high ATR value this system will auto plot the support and resistance and same will be maintained in all the time frames. Option has been provide to create 2 EMA lines and it is optional. This...
Average True Range (ATR) is widely used indicator in many occasions for technical analysis. It is calculated as the RMA of true range. This version adds a "twist": it uses Perry Kaufman's Efficiency Ratio to calculate adaptive true range You can use this indicator the same way you'd use the standard ATR.
This is part of a new series we are calling "Strategy Myth-Busting" where we take open public manual trading strategies and automate them. The goal is to not only validate the authenticity of the claims but to provide an automated version for traders who wish to trade autonomously. Our first one is an automated version of the " The ULTIMATE Scalping Trading...
Not many know that the JMA (Jurik Moving Average) is already an adaptive indicator (it is adapting using the usual market volatility monitoring mode). Hence, making it adaptive "once more" makes it double adaptive. Fro the adaptivity in this case, we are use ATR (Average True Range) to make the JMA double adaptive. The ATR period is the same as the JMA period...
💎 Prism Core Initial Release ver 3.4.r379 This strategy is built on on a modified and reworked older version of the Waddah Attar Explosion strategy. It contains several confluence indicators such as Triple EMAs, volume, consolidation, ADX, and Bull Bear Power. The Waddah Attar Indicator strategy is based on the following conditions: LONG trend is up ...