This script includes volatility calibrated ATR ( Average True Range )
features :
* Custom time intervals for ATR ( example you can use 45 min ATR on any time frame for swing plays & you can use 15 min ATR on lower time frames like 15 min for scalping )
* Smooth Guppy : helps to understand support and resistance also helps to understand trend direction ( Red is bearish trend & Blue is bullish trend )
* Triangle shapes : Triangle shapes are extra confirmation for trend changing
HOW TO USE :
"BULL" signal is a bullish breakout
&
"BEAR" signal is a bearish breakdown
Stops above or below ATR as per the signal
Guppy shows trend direction
So,
when guppy is blue longs are profitable
and when red shorts are profitable
Buy/Sell on the candle close confirmation of signal is set on candle close