OPEN-SOURCE SCRIPT
Updated cATRpiller
This indicator is used to identify range breakouts using an ATR multiplier. My first script, Im sure there are indies out there like this, but this my favorite way to identify breakouts and trends.
Release Notes
Uses average ATR values to determine range breakouts. When used with strength oscilators, cATRpillar can help identify new trends - or break out opportunities.Release Notes
This indicator is used to identify range breakouts using an ATR multiplier. My first script, Im sure there are indies out there like this, but this my favorite way to identify breakouts and trends.**cATRpillar**
-for some reason, I can't update the name.. oh well.. typos schympo.-
Release Notes
Release Notes: This indicator is used to identify range breakouts using an ATR multiplier. My first script, Im sure there are indies out there like this, but this my favorite way to identify breakouts and trends.-When used with a strength oscillator, cATRpillar can be useful in identifying ATR breakouts.
**cATRpillar**
-for some reason, I can't update the name.. oh well.. typos schympo.-
Release Notes
Release Notes: This indicator is used to identify range breakouts using an ATR multiplier. My first script, Im sure there are indies out there like this, but this my favorite way to identify breakouts and trends.Useful for identifying trends (normal color scheme), as well as for scalping (invert color scheme and use step lines for re-entry points). When paired with RSI or MACD, cATRpillar can be used to identify new trends and swings.
**cATRpillar**
-for some reason, I can't update the name.. oh well.. typos schympo.-
Release Notes
This indicator is used to identify range breakouts using an ATR multiplier. My first script, Im sure there are indies out there like this, but this my favorite way to identify breakouts and trends.Useful for identifying trends (normal color scheme), as well as for scalping (invert color scheme and use step lines for re-entry points). When paired with RSI or MACD, cATRpillar can be used to identify new trends and swings.
**cATRpillar**
-for some reason, I can't update the name.. oh well.. typos schympo.
Release Notes
Fixed a missing inputRelease Notes
Fixed another error.Release Notes
Updated to change transparency values. These values are no longer supported by the platform.Release Notes
Just a quick update to ad adjustable stop zones for you own ruleset :DRelease Notes
Removed accidental drawings :PRelease Notes
Added an SMA line for first close calculating. Second close can be the opposite atr line.Release Notes
Adjusted the chart to be more appealingRelease Notes
Blah againRelease Notes
And Blah a final timeOpen-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.