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Multi ATR Bands
Source: https://fxcodebase.com/code/viewtopic.php?f=38&t=64190
Forum: 38 · Topic 64190 · 1 post(s)
Multi ATR Bands
Apprentice · Thu Dec 08, 2016 4:19 pm
Multi ATR Bands
LUA Original: viewtopic.php?f=17&t=2575
Description:
Each set of bands take the value of the ATR, below and above the moving average:
Up= MA + ATR * Multiplier Down= MA + ATR * Multiplier
In this indicator the trader will have the option to select up to 3 set of bands at the same time with a wide variety of moving averages. An ideal tool to add to the envelopes/bands set of indicators when trading extremes.