This Script creates a custom ATR (Average True Range) trailing stop. It allows traders to set up automated stop-loss levels based on the ATR, which adjusts dynamically to market volatility. The script is designed to support both long and short trades, offering flexibility and precision in trade management.
When loading the indicator to your chart, simply click to...
Average True Range ( ATR ) is a technical analysis indicator that measures volatility in the market. ATR is a moving average of the true range over a period of time.
ATR calculation procedure:
1. Determine the true maximum - this is the highest of the current maximum and yesterday's closing price of the day.
2. Determine the true minimum - this is the...
📜 ––––HISTORY & CREDITS––––
The MarketSmith & IBD Style Model Stock Quarters another Utility indicator is an original creation by TintinTrading inspired by Investor's Business Daily and William O'Neil style of presenting information. While going through the Model Stocks that IBD has been publishing, I realized that I wanted to see the exam same Quarterly...
Upgrade of the Average True Range default indicator by TradingView. It adds and plots a trailing mean to show periods of increased volatility more clearly.
ATR TRAILING MEAN
A trailing mean, also known as a moving average, is a statistical calculation used to smooth out data over time and identify trends or patterns in a time series.
In our indicator, it...
Modified Super Trend with Chebyshev Filter
The Modified Super Trend is an innovative take on the classic Super Trend indicator. This advanced version incorporates a Chebyshev filter, which significantly enhances its capabilities by reducing false signals and improving overall signal quality. In this post, we'll dive deep into the Modified Super Trend, exploring...
The purpose of converting the ATR value indicator to an oscillator;
It is known that the ATR value is not between the two specified values. So it is not compressed between 0 and 100 like RSI and %B etc. Therefore, conditions such as "A condition if ATR value is X, B condition if ATR value is Y" cannot be created. In order to create these conditions, the max and...
Average True Range (ATR) and Average Price Change (APC). Shows the ATR and APC as well as the TR and PC for the current bar, colour coded to indicate very large/small bars. The ATR and APC are also colour coded to reflect whether they are increasing or decreasing. Style will need to be customized.
ATR+ Advanced Sessions ATR for Daterange
The ATR+ adds the following additional filters to the stock ATR indicator by Tradingview:
- Calculates the overall average ATR for a user defined daterange, optionally filtered by trading session and selected weekdays, presented as a secondary line over the standard ATR line.
- Basic ATR line, with colour highlight to...
buy sell pressure indicator
Every stock /indices /chart is unique in nature. there will always be some kind of buyers and sellers present in these equities/stocks. due to their inherent buying and selling nature, these stocks also develop a pattern. such patterns are not always visible directly on the chart but we can calculate buying and selling pressure for...
True Strength Indicator (TSI) + Realtime Divergences + Alerts + Lookback periods.
This version of the True Strength Indicator adds the following 5 additional features to the stock TSI by Tradingview:
- Optional divergence lines drawn directly onto the oscillator in realtime.
- Configurable alerts to notify you when divergences occur, as well as when the TSI and...
True Strength Indicator (TSI) + Divergences + Alerts + Lookback periods.
This version of the True Strength Indicator adds the following 3 additional features to the stock TSI by Tradingview:
- Optional divergence lines drawn directly onto the oscillator.
- Configurable alerts to notify you when divergences occur.
- Configurable lookback periods to fine tune the...
HLC True Strength Indicator Volume Weighted with Vix Line by SpreadEagle71
This indicator is a True Strength Indicator with Close, High and Low used together, along with the TSI of the Vix.
The white line is the close. The red line is the lows and the blue is the highs. These are also volume-weighted.
How to Interpret:
1. zero line crosses. If SPY/SPX500...
This script provides the ATR price when added to the top and bottom of the currently hovered candle.
The prices are shown top left next to the indicators' name.
This means you do not have to manually subtract or add ATR to price.
Line opacity allows you to show the lines where the ATR is, however, I recommend to keep this disabled.
Line type allows you to choose...
This is an enhanced TSI. The others I've found on here have generally lacked sufficient settings context and/or alert definitions, so I made this version to address those gaps. In addition to that, I also added a way to plot a user-customizable moving average line of the TSI to better help identify trending conditions across TSI swings.
Supertrend Bands
What is the Supertrend indicator?
"The Supertrend indicator is a trend following overlay on your trading chart, much like a moving average, that shows you the current trend direction.
The indicator works well in a trending market but can give false signals when a market is trading in a range.
It uses the ATR (average true range) as part of...
This indicator consists of two lines. One is a gray line (USD) and the asset indicator is green or red.
The basis of this indicator is the true strength indicator (TSI) with parameters 5,15. Both line sets are based on a TSI (5,15).
The lookback period is for new highs / new lows. Default value is 200 periods.
GREEN/RED LINE
The first that is green and red is...
Checks what the average true range is for the X amount of trading days. Then will also label the ATR from the low, and the ATR from the high of the current day.
A second label can be created dependent on current days RVOL %. If RVOL is not 0 or 1, then it will create the second label. Otherwise it will just leave it as the standard label.
The calculation for...
![FSLY: [TTI] MarketSmith & IBD Style Model Stock Quarters](https://s3.tradingview.com/e/egZKC0r7_mid.png "[TTI] MarketSmith & IBD Style Model Stock Quarters")
![BTCUSDT.P: Average True Range Trailing Mean [Alifer]](https://s3.tradingview.com/a/AzAazTO0_mid.png "Average True Range Trailing Mean [Alifer]")
