ATR with Impulse Alerts

24 sie 2020

This is a very simple script which simply plots an ATR (the built-in ATR function, using RMA) and plots a cross when the previously closed bar is larger than the ATR by a given threshold. There are also alert conditions set so you can be alerted when these impulse bars show up, either up or down bars. Have fun and safe trading!

27 sie 2020

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Update: I also added a plot for the actual range of each bar since I found myself calculating it occasionally.

27 sie 2020

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Reordered plots.

27 sie 2020

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Several updates to the format and visibility of the indicator.

27 sie 2020

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Added a minimum size setting for the impulse move bars.

28 sie 2020

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Added the option to adjust the filter by another ATR multiplier rather than flat values so it works across more assets.

30 sie 2020

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Added an alertcondition that captures both up and down moves so alerts can be set that don't use as many alert slots if used on multiple instruments.

28 cze 2023

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Updated to v5 and added a multiplier for easily using with other indicators for SL/TP.

28 cze 2023

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Updated to plot the multiplied ATR. Oops.

28 cze 2023

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Minor updates; will need to rollback some of these updates at a later point. Trying to plot the numerics without visually updating it as it squashes the plots.