1Full_Candle_Arrows_alert

ATR Voltility (4 color)

This is another moded one for my personal use.

I couldn't read the ATR values so decided to change the value depending on the digits. Multiple colors to be easy on the eyes and user friendly.

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thiru wrote: Sun May 22, 2022 11:26 pm ATR Voltility (4 color)

This is another moded one for my personal use.

I couldn't read the ATR values so decided to change the value depending on the digits. Multiple colors to be easy on the eyes and user friendly.

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ATR Volitility (4 Color).ex4

I like this indicator of yours

thiru wrote: Sun May 22, 2022 11:26 pm ATR Voltility (4 color)

This is another moded one for my personal use.

I couldn't read the ATR values so decided to change the value depending on the digits. Multiple colors to be easy on the eyes and user friendly.
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ATR Volitility (4 Color).ex4

This is excellent bro you have some hidden aces up your sleeve Thiru. Whoa!

ChuChu Rocket wrote: Mon May 23, 2022 12:08 am This is excellent bro you have some hidden aces up your sleeve Thiru. Whoa!

no chuchu rocket, they are fairly simple ones. just for visual purposes.
glad you liked it.

thiru wrote: Sun May 22, 2022 11:26 pm ATR Volitility (4 Color).ex4

this is such nice invention thiru......... really good concept for the eyes......... can i ask how i may use dis on higher timeframe?? cos i adjusted atr multiplier the default is:

• 4.618
• 8.618
• 12.618

whichis work bliss for 1 minute & 5 min tf on normal pairs not volatile ones like gbpjpy etc should i make atr levels much higher for 4H and daily??

moey_dw wrote: Mon May 23, 2022 4:20 pm this is such nice invention thiru......... really good concept for the eyes......... can i ask how i may use dis on higher timeframe?? cos i adjusted atr multiplier the default is:

• 4.618
• 8.618
• 12.618

whichis work bliss for 1 minute & 5 min tf on normal pairs not volatile ones like gbpjpy etc should i make atr levels much higher for 4H and daily??

moey, its a fairly very simple concept;
What it does is it takes the ATR (say 14 periods) and it multiplies the ATR Value by 10000 for 5 digit pairs, 100 for 3 digit pairs etc. This way, we get more human-readable values. You can say that the ATR values are magnified.

Then the ATR multiplier (default I put it as 2) is to multiply the ATR value by that number. You can put it as 1. That should be better.

Then for colouring, you can change the Level values as you want. Yes, the one that I'm using is for 5 min charts. For H4, obviously, the level values need to be changed. See the attached picture. (Yes, you put the Level values as input and it does the rest. Changing the level values in Level tab has no effect)

Hope this helps

honje19960321 wrote: Mon May 16, 2022 3:31 am Oscillator of the OsMA type but interpreted for the ATR oscillator. It is used as an additional signal (crossing 0) to exit the position with the maximum profit. Normalized for the current state of the EURUSD H4. It is possible to change the periods of ATR and signal line as well as the calculation methods for moving averages of ATR and signal line.

mrtools wrote: Mon May 29, 2017 1:15 pm Branco hope you don't mind, i added more color to the histo, along with the zero cross alerts, also cleaned the code and made it user friendly.

Hi, I found this indicator.
Basically just daily open + ma options... it will prevent you from opening positions in the wrong direction
I'm attaching my template, maybe someone will like it.

Example: EU-M5

RENKO on Time Chart


This indicator is an enhanced Renko, so you can watch the Renko bricks on the chart to understand price movement more clearly
the other improvement is automated box size according to ATR (Average True Range) period
you can set the ATR number as you want and the box size of Renko changes automatically based on price movement



Inputs


Mode: Box size is the input to specify the size of the Renko box you want to print on the chart. This input lets you choose the fixed box size or automated based on the ATR period


ATR Period: If you chose automated box size set a compatible period with your strategy


Fixed Box Size: if you chose the fixed box size (input you enter in this section is based on points)


Please no outside links