The VWAP Divergence indicator aims to find divergences between price action and the VWAP indicator. It uses filters to filter out many of the false divergences and alert high quality, accurate signals. Red dots above the candle represent bearish divergences, while green dots below the candle represent bullish divergences. The main filter for divergences...
The Giga Kaleidoscope GKD-C Trend Direction is a confirmation module included in Loxx's "Giga Kaleidoscope Modularized Trading System." █ GKD-C Trend Direction Trend Direction relies both on the Average True Range (ATR) – a measure of market volatility – and the market's closing price. If ATR Smoothing is set to greater than 0, the ATR is smoothed using an...
The " ATR Adaptive RSI Oscillator " is a versatile technical analysis tool designed to help traders make informed decisions in dynamic market conditions. It combines the Relative Strength Index (RSI) with the Average True Range (ATR) to provide adaptive and responsive insights into price trends. Key Features : Adaptive RSI Periods : The indicator introduces...
This indicator helps avoid taking reversal trades too close to the 21 EMA, which may fail since the market often continues its trend after retracing from the 21 EMA level. It does not generate a direct signal for reversal trades but rather indicates points where you can consider potential reversal trades based on your trading methodology This script defines an...
There are two bands calculated with the ATR and I added "Smoothing" into the script. Smoothing ATR with multiplier can display two bands above and below the price. We can ONLY find some ATR bands in Community Scripts with "Basic" setting which is used to set Stop Loss. And yet , Smoothing ATR with multiplier is capable of making traders manifestly recognize...
This indicator uses the strength of the trend from ADX to decide how the SuperTrend (ST) should behave. Motivation ST is a great trend following indicator but it's not capable of adapting to the trend strength. The ADX, Average Directional Index measures the strength of the trend and can be use to dynamically tweak the ST factor so that it's sensitivity can...
The Advanced Weighted Residual Arbitrage Analyzer is a sophisticated tool designed for traders aiming to exploit price deviations between various asset pairs. By examining the differences in normalized price relations and their weighted residuals, this indicator provides insights into potential arbitrage opportunities in the market. Key Features: Multiple...
Double Supertrend HTF Filter: A Comprehensive Market Direction Tool The Double Supertrend HTF Filter is an innovative tool designed for traders who seek a more holistic view of market trends. At its core, the indicator combines two Supertrends from different higher timeframes, providing a layered perspective on the market's direction. Instead of juggling between...
This indicator is an adapted version of Julien_Eche's 'Pro Momentum Calculator' tailored specifically for TradingView's 'Supertrend indicator'. The "Pro Supertrend Calculator" indicator has been developed to provide traders with a data-driven perspective on price movements in financial markets. Its primary objective is to analyze historical price data and make...
📜 ––––HISTORY & CREDITS–––– The Jon Tr3ndy ATR Label is another creation inspired by Tr3ndy Jon (Jonathan McKeever,) and his Supply and Demand System. Building on the legacy of our premium scripts Tr3ndy Bands, Tr3ndy Edges, Tr3ndy LIS and the Tr3ndy PMZ, this script brings the power of the Average True Range (ATR) to your fingertips, but with a Tr3ndy...
This Average Range Lines indicator identifies high and low price levels based on a chosen time period (day, week, month, etc.) and then uses a simple moving average over the length of the lookback period chosen to project support and resistance levels, otherwise referred to as average range. The calculation of these levels are slightly different than Average True...
The indicator calculates and displays key levels based on the Average True Range (ATR) of an asset's price. The ATR is a measure of market volatility, and this indicator uses it to create trigger levels and ATR target levels. The "ATR Levels" indicator helps traders identify potential entry and exit points based on market volatility, providing valuable information...
Note: Numbers in the chart above, particularly volume, are incorrect as I didn't have extra market data at the time of publication. Default settings are set for US markets. (OVERVIEW) This indicator was made specifically for equity markets which have pre-market and after-hours trading, though can be used for any other markets without these sessions, there are...
The Moving Average ATR Extension Indicator offers a powerful blend of two key market elements: the Average True Range (ATR) and Moving Averages (MA), capturing the dynamics of market momentum and trend direction. This indicator is used to measure market extension from a user-selected moving average based on multiples of the Average True Range (ATR). By doing...
This indicator plots the current ATR value, and the Long and Short stop losses. Watch the indicator and move your stop loss to the Long or Short as necessary. Unlike other ATR indicators this one allows the user to customize the table placement of the ATR calculations, and the colors of each row on the table, and the text. The ATR factors can also be edited.
Upgrade of the Average True Range default indicator by TradingView. It adds and plots a trailing mean to show periods of increased volatility more clearly. ATR TRAILING MEAN A trailing mean, also known as a moving average, is a statistical calculation used to smooth out data over time and identify trends or patterns in a time series. In our indicator, it...
This is script is essentially "AMA" and was originally developed by Alex Everget , I just added half ATR as a band to AMA to reduce the false breakouts and use it to confirm hidden divergence with it.
What Is the Average True Range (ATR)? The average true range (ATR) is a technical analysis indicator, introduced by market technician J. Welles Wilder Jr. in his book New Concepts in Technical Trading Systems, that measures market volatility by decomposing the entire range of an asset price for that period. Each instrument per unit of time passes its average...