This indicator consists of a fast and slow EMA (default lengths are 50 and 9 periods) and an upper and lower ATR band. When combined, this combination gives traders an accurate picture of both trend strength and direction. Users can modify the lengths of the fast and slow EMA , as well as the multipliers and length for the upper and lower ATR bands.
I'M JUST AN AMATEUR SO USE AT YOUR OWN RISK. Couldn't find a script for the ATRPERCENTAGE indicator for ProfitTrailer, so I made one. I believe it is working correctly from what the wiki says, but again, use at your own risk.
Slight modification on my previous script "ATR-Overlay" This script plots the max value of the ATR in a given period. Really straight forward, but has given me better stop-loss levels on trade entries.
1) Paints two lines based on previous bar's true range, has option for custom multiplier to make stop a factor of previous bar's TR. Used for quick identification of stop loss placement based on previous bar set-ups. 2) Identifies bar on close which has true range that is smaller than a period-chosen ATR criteria. Additionally, has an input for a raw "ATR Shave"...
This is a simple script to assist you in manual backtesting! Perfect for the NNFX crowd or anyone that enjoys manual backtesting. Usage 1. Slap this bad boy on your chart. 2. Adjust period and multiplier (defaults are 14 period and 1.5x). 3. Put on the indicator/system you are testing. 4. Enter bar replay mode. 5. Drag your long/short position take profit and...
ATR plotted above and below price with a multiplier. Defaults to 2x ATR. Makes it easier to use ATR for stop or take profit.
Inverse fisher transform on stochastic strategy with trailing stop. Good work on flats with mid-wave length
An Exponential Moving Average (EMA) with three sets of channel lines each one Average True Range (ATR) apart, above and below the EMA. Fully customizable, you can toggle the EMA and ATR set visibility, line colors, etc. Inspired by Elder's 'The New Trading For a Living' , page 93: "Kerry Lovvorn likes to plot 3 sets of lines around a moving average: at one, two,...
Stochastic oscillator with dynamic buy/sell levels. Levels calculate with volatility/averag true range. No repaint
Muh indicator :) Simple but so useful little script. I work in percents because this is what makes sense not "pips" and "ticks" my account grows or diminishes a certain percentage I risk "1%" for example not ticks, ticks is what bad dogs have. Was tired of calculating manually every time. Makes it easier to set stop losses, get an idea of what to expect, risk in...
Displays two bands above and below the source using the ATR. Comes with ATR multipliers for upper and lower bands.