This is live and non-repainting Renko Weis Wave Volume tool. The tool has it’s own engine and not using integrated function of Trading View. Renko charts ignore time and focus solely on price changes that meet a minimum requirement. Time is not a factor on Renko chart but as you can see with this script Renko RSI created on time chart. Renko chart provide...
The ATR Stoploss is best used as a trailing stop. While actively managing your trades, move your stops up as price increases/decreases. There is an offset of 1 candle, so the ATR will only be based on closed candles. This prevents you from moving your stop's when you really shouldn't. The top lines are used for short positions and the bottom lines are used for...
This indicator aims to aid in using the regular London Breakout strategy, as well as improve on it by adding a trailing stop based on the Mean Deviation Index. The London Breakout strategy (according to my personal understanding) basically sees the morning before London open as the accumulation or distribution range for large buyers or sellers, and assumes the...
Hello traders! With this script you will able to calculate easier SL and TP using the ATR Value according with your strategy. Script plots two circles below and above the candle that is calculated using H/L of the candle +/- ATR Value. You can also modify the ATR Period and other plotting options clicking on the settings icon. Ciao Traders, in questi ultimi...
The NNFX way This indicator makes it easy to see the ATR values of the chart. The red lines are at 1.5 ATR The blue lines are at 1 ATR Credits to www.tradingview.com for the code he published. I've extracted only the ATR to create this indicator. Many thanks ❤
UT Bot indicator was initially developer by @Yo_adriiiiaan The idea of original code belongs @HPotter These are v4 alerts for my previously published strategy: Original script:
The Cryptohopper ATR analyses the volatility of the asset. When the market is rather ranging, the volatility remains low and the ATR line decreases . However, when the market starts moving quickly in one direction, doesn’t matter if it’s up or down, the ATR will start rising. It can be a very good indicator to spot when the big investors are entering the...
This indicator is to be used only by the values it gives back, don't use the lines . In "current week days" choose number of days that already BEGAN this week (ex. on Wednesday type 3) Green1 - Current Daily Range Orange1 - Average Daily Range Green2 - Current Weekly Range Red1 - Average Weekly Range Orange2 - Today's price movement compared to the average...
With this indicator you can gauge the price volatility of an instrument across multiple timeframes in a very compact visualization. It allows you to find critically low areas of volatility and predict the likelihood of an imminent move or the conclusion of a move. While you can do this with other indicators, it is often easy to miss low volatility on timeframes...
This script shows the Ichimoku Baseline and ATR Bands. Inspired by VP's algorithm this indicator tell you if you can open a trade or not. How to use: If a long/short candle cross the baseline and its close is higher/lower the ATR bands DO NOT TAKE the trade, otherwise feel free to enter. Input variables: Baseline Period (26 is default) ATR Period ...
The original problem: The choppiness index is great at finding ranging markets, but it is sometimes very slow, which means most of the time it only catches the end of a trend. This indicator tries to solve this. It uses the choppiness index and filters it using a factor that is based on the standard deviation of the ATR. The ATR based filter is calculated by...
The original problem: The choppiness index is great at finding ranging markets, but it is sometimes very slow, which means most of the time it only catches the end of a trend. This indicator tries to solve this. It uses the choppiness index and filters it using a factor that is based on the standard deviation of the ATR. The ATR based filter is calculated by...
Simple script based on ATR to calculate your Take Profit and Stop Loss Input variables: ATR Period ( Default: 14 ) TP Multiplier ( Default: 1*ATR ) SL Multiplier ( Default: 1.5*ATR )
Many traders use ATR as a way to determine stop loss placement. It usually works like this: - Stop loss for a short trade = high of last candle + ATR value - Stop loss for a long trade = low of last candle – ATR value This is an indicator that allows you to do just that: it gives you an easy way to view current and historical volatility using ATR-based price...
Adapted ATR-stop with only VWAP and ATR. Didnt test it, feel free to use it the way you want. You can turn off the bar color function and change any config.
Adapted ATR that i am using in BTC 15M charts. It is an usual ATR-Stop smoothed by a VWAP and a VWMA. This crazy config i am using only for BTC, but i found others configs with others assets, like brlusd contracts. You can turn off the barcolor function and change the lenght of the VWAP and VWMA.