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BabyWhale83
3 paź 2019 08:15

ATR - Baby Whale 

BITFINEX:BTCUSD
Bitcoin / DollarBitfinex

Opis

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Script that shows you the ATR and 0.5 ATR.
You can use this to define your stop loss level when you see a SFP.

Standard setting is the 24 period ATR. You can use this for a 1h chart (24 hours in a day).
So when you play on a 5m chart, you can change the setting to 12 period (12 5m candles in 1 hour).

Informacje o Wersji

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The ATR is now standard visible on the chart.
Average True Range (ATR)ATR
Komentarze
markredd87
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hi BabyWhale83 this is great thanks, is it possible to set it from the current price? so the stop & limit can be worked out from current price rather than the high or low of the bar? thanks man!
BabyWhale83
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I think this it:

//@version=3
study("ATR - Baby Whale", overlay=true)
atr = atr(input(24))

plotchar(atr, transp=100, color=white, title="ATR" )

plotchar( (atr + close), color=white, char="-", location=location.absolute, title="ATR High" )
plotchar( (close - atr), color=white, char="-", location=location.absolute, title="ATR low" )

plotchar( (atr/2 + close), color=white, char="-", location=location.absolute, title="ATR High" )
plotchar( (close - atr/2), color=white, char="-", location=location.absolute, title="ATR low" )
markredd87
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@BabyWhale83, what a legend - thank you
BabyWhale83
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@markredd87, Cheers!
scamArtist
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cool, another nice script :)
thanks for this

cheers
BabyWhale83
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@scamArtist, :)
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