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Neeson ATR Pro

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Overview
Neeson ATR Pro is an advanced technical analysis indicator that combines multiple technical tools to provide comprehensive market analysis. This indicator is primarily used to identify trend directions, determine entry and exit points, and manage risks through dynamic stop loss.

Key Features
ATR Trailing Stop System

Dynamic stop loss line based on Average True Range (ATR)

Automatically adjusts stop position according to price volatility

Stop line color changes with market conditions (Long-Orange, Short-Blue, Neutral-White)

VWMA Volume Weighted Moving Average

Moving average incorporating volume information

Works in conjunction with ATR line for more accurate signals

Dual Moving Average Filter System

SMA(20) and EMA(50) dual filtering

Color-changing moving averages that change color on crossover

Provides additional trend confirmation signals

Intelligent Signal Generation

Automatically identifies buy and sell signals

Combines multiple indicator conditions to reduce false signals

Clear visual markers (Buy-green label below, Sell-red label above)

Customizable Label System

Real-time display of indicator values

Adjustable label position and size

Customizable label colors

Alert System

Automatic alerts for buy and sell signals

Suitable for automated trading systems

Usage Instructions
Basic Settings

ATR Period: Default 21, adjustable based on market volatility

ATR Multiplier: Default 6.3, controls stop loss range

Smooth Period: Default 100, controls VWMA smoothness

Signal Interpretation

Buy Signal: Price crosses above ATR stop line and meets moving average filter conditions

Sell Signal: Price crosses below ATR stop line and meets moving average filter conditions

Trend Confirmation: Observe consistency between ATR line and candlestick colors

Risk Management

Use ATR stop line as dynamic stop loss level

Confirm trend direction with moving averages

Recommended to use with other indicators for multiple confirmations

风险提示 / Risk Warning
本指标仅供学习交流使用,不构成任何投资建议。金融市场存在高风险,投资者应自行承担交易风险。
This indicator is for educational and communication purposes only and does not constitute any investment advice. Financial markets involve high risks, and investors should bear their own trading risks.

版权信息 / Copyright
X Account: neeson1987
Copyright © 2024 Neeson ATR Pro. All rights reserved.

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