█ This indicator shows an upper and lower band based on price action and ATR (Average True Range) The average true range (ATR) is a market volatility indicator used in technical analysis.
█ Usages: The purpose of this indicator is to identify changes in trends and price action. It is mainly used to identify breaking points and trend reversals. But it can also be used to show resistance or support levels.
█ Features: > Buy & Sell Alerts > Buy & Sell Labels > Color Bars > Show Bands
█ Parameters: Length: Length is used to calculate ATR. Atr Multiplier: A factor used to balance the impact of the ATR on the Trend Bands calculation.
it has a bug. parameters: TimeFrame:All Chart:Renko Exchange: OKX Coin:WLDUSDT.P Brick Size: traditional , when value is lower than 0.0018 ,chart is OK. else upper line and lower line are 2.77 and 0.
HoriaOsan
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i love this indicator, but i would like to make a sugestion, can you introduce the following, i like to use the indicator on the daily TF so i want to be able to see the daily chart ATR on the 1H chart with other words you can add the posibility to lock the daily setting and be able to se the ATR on smaller time frame. hope that make sense!
cc247
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👏👏 ATR length 14 and multiplier 3 works for me!
pakman85
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good job
pakman85
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ATR length 34 and multiplier 1 produces very accurate signals.
Jittra
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Seems to be a bug when length increase more than 2? It goes all the way up and down the chart for me.
Fontiramisu
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@Jittra, hey, thanks for your message. I don't reproduce it on my chart, can you tell me what chart and timeframe you're on. I will check this out.
Jittra
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@Fontiramisu, thanks for the response. It was EURUSD on 15 minute chart.