Decide T/P and S/L Price easily using ATR
Example: If Buy at 11:00, set T/P at blue line price and set S/L at red line price at 11:00
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ATRを使って利確損切を決めるやつです。既出かもしれません。
例: ロングした時刻の青のところでT/P、赤のところでS/Lを入れるなど。
ATRの値などは適宜調整してください。
As you can see in the chart below, regular ATR is not useful for long term analysis. Normalizing it, fixes the issue. This indicator can be used to measure absolute volatility. It has a built-in stochastic as well for relative volatility. ATR counts high and low in the equation unlike Bolinger Band Width.
Stochastic:
Realized Volatility, using the 21 period Average True Range formula with a log scaling of source input values.
Designed to match the CBOE's Volatility indexes across all timeframes and instruments.
Buy on dips and sell into rallies. Simple as that.
- Short line (green)
- Base line (white)
- Long line (red)
When the market price touches the white or the red(green) lines, buy(sell) orders are generated.
The exit points are 2 lines above(below) the entries.
Parameters
- Period: It affects the value of Base line and the spacing of each line.
- Multiple:...
This indicator shows bars with large bodies (large expansion bars) as a red bar.
They are important in the cd leg of a harmonic pattern, because they signal that extra confirmation is needed and that a failure of the PRZ is more likely.
The definition of this large expansion bar is a bar that has a body that is at least twice as big as the ATR with period...
This indicator verify the close in comparison with EMA21. If the number is higher than 2ATR, the X is ploted above the candle.
Avoid positions when the candle is marked.
The best entries always will be close to the averages.
You can change the values through the inputs, according with your trade system.
This script was made to calculate in real time the stop and take profit based on ATR to SHORT positions. By default, the number is 1,5 ATR to stop-loss and 3 ATR to take profit. You can change according to your trading system.
This script was made to calculate in real time the stop and take profit based on ATR to LONG positions. By default, the number is 1,5 ATR to stop-loss and 3 ATR to take profit. You can change according to your trading system.
![BLX: Normalized Average True Range (NATR) (Volatility) [cI8DH]](https://s3.tradingview.com/l/LUvQgXce_mid.png "Normalized Average True Range (NATR) (Volatility) [cI8DH]")
![XBTUSD.P: Volatility Channel Index [m59]](https://s3.tradingview.com/j/J13jZeYt_mid.png "Volatility Channel Index [m59]")
![EURUSD: ATR Stretched Market [zauoyds]](https://s3.tradingview.com/m/Mj4qqEMx_mid.png "ATR Stretched Market [zauoyds]")
![EURUSD: ATR Short [zauoyds]](https://s3.tradingview.com/k/ksnprn03_mid.png "ATR Short [zauoyds]")
![EURUSD: ATR Long [zauoyds]](https://s3.tradingview.com/7/7pH7GSq6_mid.png "ATR Long [zauoyds]")
