ANAS'S ATR BAND

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ANAS'S ATR BAND

Postby anashassan76 » Wed Aug 30, 2017 12:01 pm

AUDNZD H1 (09-01-2017 0820).png

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 !!!!
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anas band .lua
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Re: ANAS'S ATR BAND

Postby Apprentice » Tue Sep 04, 2018 9:23 am

The Indicator was revised and updated.
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