PROTECTED SOURCE SCRIPT
ATR Bands [NeoButane]
Diupdate
ATR bands, smoothed with exponential moving averages.
The difference between this and other ATR bands is that high and low are used as the source for top and bottom band, resulting in more accurate ATRs. It is also calculated in log-space to aid in making the bands more "springy" when it comes to extremely volatile assets or very low timeframes.
See here for an upgraded version:![ATR Trailing Stop Bands [NeoButane]](https://s3.tradingview.com/5/5xdHTNpV_mid.png)
The difference between this and other ATR bands is that high and low are used as the source for top and bottom band, resulting in more accurate ATRs. It is also calculated in log-space to aid in making the bands more "springy" when it comes to extremely volatile assets or very low timeframes.
See here for an upgraded version:
Catatan Rilis
- Added option to not use a moving average to get the real value for stop lossCatatan Rilis
Added alert conditions for the labels. Defaulted EMA smoothing to true.Catatan Rilis
Added additional bands that are off by default. These bands do not have alerts nor shapes attached to them, so I have turned "Show Labels When Price Closes Out of Bands" off for default to prevent confusion.Skrip terproteksi
Skrip ini dipublikasikan secara closed-source dan anda dapat menggunakannya dengan bebas. Anda dapat memfavoritkannya untuk digunakan pada grafik. Anda tidak dapat melihat atau mengubah kode sumbernya.
Inggin menggunakan skrip ini pada chart?
My published indicators: 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 :)
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