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Multi ATR Bands

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Multi ATR Bands

Postby Apprentice » Thu Dec 08, 2016 4:19 pm

Multi_ATR_Bands.png

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.
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Apprentice
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