This strategy consists of 3 indicators that I found works quite well together.
Keltner Channel, Waddah Attah Explosion, and Volatility Stop.
You can find WAE here
KC Period = 200
KCATR = 5
Vstop Period = 3
Vstop Mult = 1.5
Long when close > KC, close > Vstop, WAE trendUp
Short when close < KC, close < Vstop, WAE trendDown
Works well on BTCUSD XBTUSD, as...
Grid Range Finder w/Fib + Trend Dots
This indicator is ideal for traders pursuing a GRID TRADING strategy. While it is true that the trading process is typically automated , the first and most important step is to find a sideways, consolidating, ranging or slowly upward trending market. There are GRID TRADING tutorials I've published (linked below) that go...
Average True Range for trailing stops, can be set to any timeframe independently of currently-displayed timeframe
This indicator is derived from
but more customizable.
Many thanks to HPotter for the original version
Simple visualisation of Average True Range in Pinescript V4.
The script has two modes: Running and Trailing.
In Running mode, it continuously displays the ATR above and below the price. Specifically, it displays the High and Low price plus and minus the ATR times a user-supplied multiplier. This can be helpful for visualising volatility.
In Trailing mode, it...
Trend Analysis, shows clear direction of the market
Includes automatic Zig-Zag tracement to show reversals coming up & also has a refined version of different variants of MA's to show really strong support/resistance channels.
Combined with CoinExpert Oscillator and CoinExpert Overlay it is possibly the best trading tool up to now.
This is not an...
Useful in finding the percent change in the ATR. Google it and see how you can implement it. I use it in a zig zag indicator made by Ricardo Santos.
Happy Trading!
ATR Channels help you to identify where to place your stop-loss or trailing stop-loss based on price volatility, according to the Average True Range (ATR).
This indicator consists of a fast and slow EMA (default lengths are 50 and 9 periods) and an upper and lower ATR band. When combined, this combination gives traders an accurate picture of both trend strength and direction.
Users can modify the lengths of the fast and slow EMA , as well as the multipliers and length for the upper and lower ATR bands.
I'M JUST AN AMATEUR SO USE AT YOUR OWN RISK.
Couldn't find a script for the ATRPERCENTAGE indicator for ProfitTrailer, so I made one.
I believe it is working correctly from what the wiki says, but again, use at your own risk.
Slight modification on my previous script "ATR-Overlay"
This script plots the max value of the ATR in a given period.
Really straight forward, but has given me better stop-loss levels on trade entries.
1) Paints two lines based on previous bar's true range, has option for custom multiplier to make stop a factor of previous bar's TR. Used for quick identification of stop loss placement based on previous bar set-ups.
2) Identifies bar on close which has true range that is smaller than a period-chosen ATR criteria. Additionally, has an input for a raw "ATR Shave"...
This is a simple script to assist you in manual backtesting! Perfect for the NNFX crowd or anyone that enjoys manual backtesting.
Usage
1. Slap this bad boy on your chart.
2. Adjust period and multiplier (defaults are 14 period and 1.5x).
3. Put on the indicator/system you are testing.
4. Enter bar replay mode.
5. Drag your long/short position take profit and...
