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ATR

Volatility (Body and Weighted Shadow)- Volatility Indicator - Replacement for ATR - As each pair holds a different level of volatility, a stop loss can be set using this indicator rather than via a ratio 2:1, etc. e.g. 2 X Volatility Value = S/L... - This indicator averages the bodies of candlesticks over a default length of 14 periods. It also considers the length of shadows via a weighted average. This is done as it is assumed that financial institutions tend to move price to levels that do not hold (shadows). Therefore, wick lengths are less significant than the candlestick bodies, so they are weighted to hold less value.
Pine Script™ indicator
by aiarrera
UT Bot Strategy with Backtesting Range [QuantNomad]UT Bot indicator was inially developer by @Yo_adriiiiaan Idea of original code belongs @HPotter I can't update my original UT Bot Strategy so I publishing new strategy with backtesting range included. I just took code of Yo_adriiiiaan, cleaned it, deleted all useless pieces of code, transformet to v4 and created a strategy from it. Also I added an input that allows you to swich to signals from Heiking Ashi. I saw that author uses HA for the indicator and on HA it look much nices then on real candles. Do not add this strategy to HA candles, use usual candles and this checkbox. Original script: UT Bot
Pine Script™ strategy
by QuantNomad
44
BEST Supertrend MAHello traders, That one is an experiment I was curious to see what a supertrend based on moving average cross could give How does it work? Bull event: fast moving average crossing over the slow moving average Bear event: fast moving average crossing under the slow moving average When the event is triggered, the script will plot the Supertrend as follow UP Trend = ohlc4+ ATR * Factor DOWN Trend = ohlc4- ATR * Factor Interesting to see the results given by ohlc4 vs hl2 and hl3 Documentation: www.tradingview.com This is an alternative of the classical Supertrend based on candle close being above/beyond the previous Supertrend level. Hope you'll enjoy it and it will improve your trading making you a better trader Dave
Pine Script™ indicator
by Daveatt
9
BEST Supertrend CCIHello traders Today I present you a Supertrend not based on candle close but based on a CCI (Commodity Channel Index) How does it work? Bull event: CCI crossing over the 0 line Bear event: CCI crossing below the 0 line When the event is triggered, the script will plot the Supertrend as follow UP Trend = High + ATR * Factor DOWN Trend = Low - ATR * Factor This is an alternative of the classical Supertrend based on candle close being above/beyond the previous Supertrend level. Hope you'll enjoy it and it will improve your trading making you a better trader Dave
Pine Script™ indicator
by Daveatt
45
Average True Range Percentage (ATRP)ATR measures volatility, but you can't compare one instrument vs. another with it because the ATR value will be different depending on the price of the instrument. I went searching for something like ATR but with percentages, so you could compare one stock vs. another to find who is more volatile and found this . It was exactly what I was looking for, so decided to re-create it in TradingView. Enjoy! Description Average True Range Percent (ATRP) expresses the Average True Range (ATR) indicator as a percentage of a bar’s closing price. How this indicator works ATRP is used to measure volatility just as the Average True Range (ATR) indicator is. ATRP allows securities to be compared, where ATR does not. ATR measures volatility at an absolute level, meaning lower priced stock will have lower ATR values than higher price stocks. ATRP displays the indicator as a percentage, to allow for securities trading at different prices per share to be compared. Calculation ATRP = (Average True Range / Close) * 100
Pine Script™ indicator
by millerrh
29
Trailing ATR StopsThis script plots a trailing stop of the ATR multiplied by a user-defined number. Since it is meant to be used as a trailing stop, the value doesn't fluctuate with the price as a normal ATR indicator does, but stays fixed unless price moves away from it. In that case it follows the price. If price crosses the stop level, it resets itself based on current price and starts trailing all over again. User Settings: Support - Use for a trailing stop while long Resistance - Use for a trailing stop while short Both - Acts like a channel and can spot periods of lower volatility
Pine Script™ indicator
by millerrh
3
UT Bot StrategyUT Bot indicator was inially developer by @Yo_adriiiiaan Idea of original code belongs @HPotter I just took code of Yo_adriiiiaan, cleaned it, deleted all useless pieces of code, transformet to v4 and created a strategy from it. Also I added an input that allows you to swich to signals from Heiking Ashi. I saw that author uses HA for the indicator and on HA it look much nices then on real candles. Do not add this strategy to HA candles, use usual candles and this checkbox. Original script:
Pine Script™ strategy
by QuantNomad
79
Adaptive Pivot (HLC3)SUMMARY: Standard Pivot (HLC3) with ATR leeway added to make it adaptive to market volatility. DESCRIPTION: Adaptive Pivot is an indicator utilizing the simplicity of HLC3 Pivots as a turning point (and sometimes a trend indicator) while addressing it's fixed and inflexible nature. Because the indicator is just a single line in the chart, the price may go near it but never touch it. Or it can go pass through it and never retest it again. In an attempt to lessen these from occurring, we can combine pivots with average true range (ATR). This is the specific formula I applied in this indicator: >Upper Pivot = HLC3 + ATR >Lower Pivot = HLC3 - ATR This creates a kind of a range or cloud around the Pivot, making it possibly a more accurate indicator for market turning points. ADJUSTABLE PARAMETERS: The usual ATR parameters are included in this indicator: >ATR_Length = input(14, title="ATR Length", minval=1) >ATR_Smoothing = input(title="ATR Smoothing", defval="RMA", options="RMA", "SMA", "EMA", "WMA") Added to the usual ones is this: >ATR_Multiplier = input(1, title="ATR Multiplier", minval=0.1) which modifies the extent of the ATR (similar to Chandelier Exit) as it is added/subtracted from the pivot values. Pivot’s timeframe is also adjustable: >Pivot_Timeframe = input("3M", title='Pivot Resolution') Note: I did not lock the type to input.resolution to allow for more possible timeframes. OTHER PARAMETERS Indicator color will change to green when the open is above the HLC3 Pivot and change to red when the reverse is true.
Pine Script™ indicator
by reimadara
1
Baseline-C [ID: AC-P]The "AC-P" version of jiehonglim's NNFX Baseline script is my personal customized version of the NNFX Baseline concept as part of the NNFX Algorithm stack/structure for 1D Trend Trading for Forex. Everget's JMA implementation is used for the baseline smoothing method, with optional ATR bands at 1.0x and 1.5x from the baseline. NNFX = No Nonsense Forex Baseline = Component of the NNFX Algorithm that consists of a single moving average Baseline ---> Meant to be used in conjunction with ATR/C1/C2/Vol Indicator/Exit Indicator as per NNFX Algorithm setup/structure. C1 is 1st Confirmation Indicator, C2 is 2nd Confirmation Indicator. JMA (Jurik Moving Average) is used for the baseline and slow baseline. A slow baseline option is included, but disabled by default. The faint orange/purple lines are 1.0x/1.5x ATR from the Baseline, and are what I use as potential TP/SL targets or to evaluate when to stay out of a trade (chop/missed entry/exit/other/ATR breach), depending on the trade setup (in conjunction with C1/C2/Vol Indicator/Exit Indicator) This script is heavily based upon jiehonglim's NNFX Baseline script for signaling, barcoloring, and ATR. SSL Channel option included but disabled by default (Erwinbeckers SSL component) POC (Point of Control) from Volume Profile is included/enabled by default for both the current timeframe and 12HR timeframe 03.freeman's InfoPanel Divergence Indicator was used a reference to replace the current/previous ATR information infopanel/info draw from jiehonglim's script. I'm not sure whether I like the previous way ATR info was displayed vs how I have it currently, but it's something that is completely optional: Specifically: I am tuning this baseline/indicator for 1D trading as part of the NNFX system, for Forex. DO NOT USE THIS INDICATOR WITHOUT PROPER TUNING/ADJUSTMENT for your timeframe and asset class. Note about lack of alerts: Alerts for baseline crosses (and other crosses) have been purposefully omitted for this version upon initial publication. While getting alerts for baseline crosses under certain conditions/filtered conditions that eliminate low-importance signals and crossover whipsaw would be great, it's something I'm still looking into. SPECIFICALLY: There are entry, exit, take profit, and continuation signal components in relation to the Baseline to the rest of the NNFX Algorithm stack (ATR/C1/C2/Vol Indicator/Exit Indicator), including but limited to the "1 candle rule" and the "7 candle rule" as per NNFX. Implementing alerts that are significant that also factor in these rules while reducing alert spam/false signals would be ideal, but it's also the HTF/Daily chart - visually, entry/exit/continuation signal alignment is easy to spot when trading 1D - alerts may be redundant/a pursuit in diminishing returns (for now). //------------------------------------------------------------------- // Acknowledgements/Reference: // jiehonglim, NNFX Baseline Script - Moving Averages // // Fractured, Many Moving Averages // // everget, Jurik Moving Average/JMA // // 03.freeman, InfoPanel Divergence Indicator // // Ggqmna Volume stops // // Libertus RSI Divs // // ChrisMoody, CM_Price-Action-Bars-Price Patterns That Work // // Erwinbeckers SSL Channel //
Pine Script™ indicator
by auroagwei
9
Average True Range Multiplied (Volatility Stop)Plots crosses above and below the current price giving you the ability to quickly set your stop loss (or the 1st profit target) depending on a custom variable by which the average true range is multiplied with the option to specify the length as well as the type of the moving average (RMA, SMA, EMA or WMA) that are taking into account. Optionally, you can disable showing of the crosses on the chart and just let the indicator display the calculated value by itself.
Pine Script™ indicator
by skullp
Range Force Impulse The "Range Force Impulse" indicator combines 4 useful indicators into one, freeing up chart real-estate and giving the trader insight into trend health, bull/bear commitment, range and volatility all at a glance. The indicator consists of the following: Direction - True Range and Average True Range columns shown above and below 0 depending on direction of the period's price -- TR (gray) shows the current period's trading volatility -- ATR (Impulse colors, see below) shows an EMA of TR over a specified length -- Can be used to determine stops and targets (Example: Stop loss at prev close - ATR, Target at 2x ATR) Index - Alexander Elder's EMA of (change(close) * volume), shows crosses above 0 (green) and below 0 (red), and intermediate signals -- Shows bull vs. bear interest/commitment/dominance -- Elder recommends EMA length of 2 for daily chart buy/sell signals, and 13 for weekly chart bull/bear dominance & trend direction signals -- Intermediate signals are shown above 0 when falling (salmon), or below 0 when rising (pale yellow) System - Range columns are colored using Alexander Elder's censorship system (green: do not short, red: do not long, blue: is up to you) -- Shows overall trend health (Macd histogram and EMA up/down changes)
Pine Script™ indicator
by zephurr
4
QuarryLake v4As some of you requested, I will make the code for QuarryLake Open for you all. I have also updated the script in version 4. This strategy consists of 3 indicators that I found works quite well together. Keltner Channel, Waddah Attah Explosion, and Volatility Stop . KC Period = 200 KCATR = 5 Vstop Period = 3 Vstop Mult = 1.5 Long when close > KC, close > Vstop, WAE trendUp Short when close < KC, close < Vstop, WAE trendDown Works well on BTCUSD XBTUSD , as well as other major liquid Pair. This strategy utilized a modified Kelly position sizing for BTCUSD Bitstamp , feel free to modify it to your needs. And lastly, Save Hong Kong, the revolution of our times.
Pine Script™ strategy
by Lancelot_Augur
2