Average True Range - Improved is a small variation I have made to the standard ATR indicator. It will test the current ATR against the Historic Average ATR of your preference to see if the current volatility is high or low. Once it has determined if it is high or low it will color code the circles at the top based on this information. Green means the current...
This script allows Volatility Stop, an average true range-based indicator, to be plotted like a "Guppy" multiple moving average indicator. Backtesting results seem pretty good when a solid majority of the lines are in agreement. Of course, as is customary with my scripts, the user can select the length, source, and multiple for any of the ATR lines plotted and...
This is a very simple script which puts current price action magnituted into a larger context. Red is true range of the current candle. Blue is Average True Range x1, x2, x3 The idea is to use this to filter out too weak price action signals by taking only above average ones.
Shows the percentage difference between the High and Low of the price bar expressed as a percent of the Open of that bar. In the settings, you can change to Price Change instead of percent change. This will show the price change between the High and Low for each price bar. It can be used on any time frame. I use it on the daily chart . I note the daily figure,...
A simple (but improved on my first attempt) way to determine a ranging market. The defaults are for a specific use of my own so by no means feel a need to use them, adjust as needed. By default this sits on the main chart however if you want to see the lines behind the result make a copy and put the copy on it's own chart and then just check the "Show ATR" and...
This script plots an histogram calculated this way: Get the previous ATR sample, calculated in the specified timeframe Get the actual open price of the bar in the specified timeframe minus the actual price in the current timeframe and plots the percent change between the the 2 values For example, if you select DAY as timeframe for the ATR: Plots the percent...
This script is an especial request from a user Plots the percent change between: - ATR(daily) from yesterday and - open from today - actual price Due to Tradingview limitations, only shows the plot if the actual timeframe of the graphic is daily or lower. All my published scripts at: es.tradingview.com
Statistics for assisting with intraday bond trading, using five minute periods and one hour ranges. There are two tables, a volatility table and a correlation table. The correlation table shows the correlation of five minute returns (absolute) between the four different bond contracts that trade on the CME. The volatility table shows for each contract: - The...
top of the morning! This indicator is a tiny bit different then the previous one i published. As per my little study into the ATR, i have decided to remove it out of my indicator and instead put in a half an ADR in dollar vallue. For me, i can use this value to check at what level i would like my stop. The next evolvement of this indicator might be a total new...
Overview: This script is a type of mean reversion indicator, it uses a short period EMA, the EMA5 to be exact, as its basis for a mean. From here, we run a modified version of ATR over a longer period of time to find an average range value for price movement. Finally, we calculate the cloud/band/wave by multiplying this range value by our deviation values to...
This indicator uses the previous period close and +/- 1 ATR to display significant day, multiday, swing, and position trading levels including: - Trigger clouds for possibly going long/short @ 23.6 fib - Mid-range level at 61.8 fib - Full range level at +/- 1 ATR (from previous close) - Extension level at 161.8 fib Additionally, a convenient info table is...
It shows the volatility (mobility) of a cryptocurrency. Comparisons can be made between cryptocurrencies in terms of mobility. Atr period can be entered. Atr volatility can be entered. Thus, if the volatility in a bar is higher than the entered volatility, the indicator b sign goes down. The more b signs there are, the more volatile it is. Average Atr period can...
█ OVERVIEW This indicator reports the historical probabilities of the price trading past its Average True Range (ATR). █ CONCEPTS It is common knowledge that the market is not likely to trade past 1x ATR. Is this true? How much unlikely exactly? The indicator reports the data in a table and tells you precisely how often the price made it past x times...
This indicator finds trend following engulfings, and draws order blocks based on the 1st candle's range (the first candle of the engulfing pattern). It does filter the trend with simple moving averages of 21 and 55 periods, but it doesn't filter for retracements in the trend (you should consider only the order blocks that are coming from engulfings after a retracement)
Simple SuperTrend indicator giving you the option to display two SuperTrends on a single script plus additional customization features. Dual setup inspired by Income Sharks 🦈
Several indicators combined 1. 6 Exponential Moving Averages - Identifying the trend direction or using EMAs as a dynamic support/resistance. 2. Session on Chart - Highlighting session for day trading. London, New York, Tokyo, and Sydney. 3. Average True Range - display the Average True Range on recent price to calculate the volatility. 4. Lot Size Calculator -...
This is a simple indicator using bolinger band return. After the candle's bolinger band broke out, Turn back inside BB is the entry point. Usually there are more than two triangles, so you can wait after ordering a better price. As you already know about it, it is very dangerous for the bolinger band to enter in the reverse direction when a strong trend is...
This script designed to identify up, down, and sideways trends. 200 HMA , 9 EMA , PSAR, and ATR are used to identify the strength of any instrument. Candle Colors - Simpler approach to follow: Green color indicates for up side trade signals Red color indicates for down side trade signals Yellow color can be interpreted for stop, sideways, and counter trade...