ATR-Bands
Posted: Thu Feb 22, 2018 10:41 am
Hi,
I coded an ATR-Band Indicator for moving my SL.
Maybe someone will have some use of this Indicator.
Each Band can be changed individually.
Period: ATR-Period of each Band
Multiplier: Distance of the Band to the aplied price ( x * ATR-Value)
Shift: Shift of the indicator to the right
Price: The price to which the band refers (close, open, high, low, median, typical, weighted)
Upper Band: Price + (ATR-Value * Multiplier)
Lower Band: Price - (ATR-Value * Multiplier)
Active: Turn On/Off the ATR-Band
If something is not working properly, send me a PM.
I coded an ATR-Band Indicator for moving my SL.
Maybe someone will have some use of this Indicator.
Each Band can be changed individually.
Period: ATR-Period of each Band
Multiplier: Distance of the Band to the aplied price ( x * ATR-Value)
Shift: Shift of the indicator to the right
Price: The price to which the band refers (close, open, high, low, median, typical, weighted)
Upper Band: Price + (ATR-Value * Multiplier)
Lower Band: Price - (ATR-Value * Multiplier)
Active: Turn On/Off the ATR-Band
If something is not working properly, send me a PM.