OPEN-SOURCE SCRIPT
Minimum Average True Range
I use ATR a lot when designing trading strategies, this way the strategy adjusts to the instrument in most cases instead of me plugging in special numbers.
However, ATR itself could get spiked by some violent moves. For this I have created MinATR which I am publishing here.
It is effectively ATR + minimum ATR over the last "Min Length" bars. (this is a parameter which I have defaulted to 50).
So use this the same way you use ATR, but it will also show the min ATR over the last "Min Length" periods.
However, ATR itself could get spiked by some violent moves. For this I have created MinATR which I am publishing here.
It is effectively ATR + minimum ATR over the last "Min Length" bars. (this is a parameter which I have defaulted to 50).
So use this the same way you use ATR, but it will also show the min ATR over the last "Min Length" periods.
Script open-source
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
I'm a passionate software engineer and a trader. I love making trading tools. Follow me if you want to be kept up to date.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Script open-source
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
I'm a passionate software engineer and a trader. I love making trading tools. Follow me if you want to be kept up to date.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.