These ATR bands and trailing stops can be used as a way to manage risk, enter breakout trades, or as support/resistance.
Please see here for information about payment and access: medium.com/@NeoButan...rs-list-d89695cc7a06
ATR Bands Features:
ATR Trailing Stop Features:
Please see here for information about payment and access: medium.com/@NeoButan...rs-list-d89695cc7a06
ATR Bands Features:
- Shape plotted for closes out of bands
- Custom resolution
- Bands multiplier: useful for reducing size to increase signal
- Band smoothing type: EMA, Hull MA, or no moving average smoothing
- Calculated in geometric mean (log scaling) to resolve issues with flash dumps or pumps
- Alerts for closing outside of bands
ATR Trailing Stop Features:
- Based on daily resolution timeframe
- Trailing stop multiplier: useful for curve-fitting to your instrument's normal trading range. Recommended multiplier between 1.5-3
- Can be used as trading range (>3) or for breakout trading (<1.5)
- Alerts for price touching stops
My published indicators: www.tradingview.com/u/NeoButane/
Sorry if I haven't replied to your message yet, I'm a bit backlogged :)
Sorry if I haven't replied to your message yet, I'm a bit backlogged :)