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ANAS’S ATR BAND
Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=65040
Forum: 17 · Topic 65040 · 2 post(s)
ANAS’S ATR BAND
anashassan76 · Wed Aug 30, 2017 12:01 pm
I made an indicator band type tring to adapt to varies volatility conditions and to avoid rang and detect possible trend , and by sensing momentum to modify the band in favor of it
the logic
moving average with band of atr up and down , you can chose atr perids and mva or ema
momentum it ahead of price movement to if need it can modify the band in the direction of the momentum , used TMACD increase in Tmacd will move the band to the price in the momentum direction decay in TMACD will move the band to the price opposite to it
buy signal is when break the upper band up sell signal is when breaking the lower band down
I designed and tested it on 1 hr time frame
please test and tell me for any suggestion to improve it ,
I am not responsible for any losses using this indicator , because its not telling for sure what will happen in future !!!!
Re: ANAS’S ATR BAND
Apprentice · Tue Sep 04, 2018 9:23 am
The Indicator was revised and updated.