Stock Portfolio Organizer
The ultimate porfolio management solution.
Shares, Margin, CFD's, Futures and Forex
EOD and Realtime
Dividends and Trust Distributions
And Much More ....
WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
Advanced Adaptive Indicators
Advanced Pattern Exploration
Neural Networks
And Much More ....
Monthly ATR Levels for Amibroker (AFL)
Rating:
5 / 5 (Votes 4)
Tags:
amibroker afl atr
Monthly calculated ATR Levels for swing trading on EOD.
- levels provide a good indicator where a market is overbought or oversold (when crossing the levels) or as a good S/R levels
Screenshots
Indicator / Formula
Copy & Paste Friendly
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 | _SECTION_BEGIN("ATR Levels");iATRPeriod = Param("ATRPeriod", 4, 1, 10, 1);dATRLevel = Param("ATRLevel", 1, 0.25, 2, 0.25); TimeFrameSet(inMonthly); // go to monthly chartmonthATR = Ref(ATR(iATRPeriod), 0); // ATR valuemonthClose = Ref(Close, 0); // close of last monthTimeFrameRestore(); // go back to origin timeframeATRM_S1 = MonthClose - dATRLevel * monthATR;ATRM_R1 = MonthClose + dATRLevel * monthATR;expCloseM = TimeFrameExpand(monthClose, inMonthly, expandLast);Plot(expCloseM, "ATR Month Middle", colorLightBlue, styleLine );expATRM_S1 = TimeFrameExpand(ATRM_S1, inMonthly, expandLast);Plot(expATRM_S1, "ATR Month Support", colorGreen, styleDashed );expATRM_R1 = TimeFrameExpand(ATRM_R1, inMonthly, expandLast);Plot(expATRM_R1, "ATR Month Resistance", colorRed, styleDashed );_SECTION_END(); |
0 comments
Leave Comment
Please login here to leave a comment.
Back