Average True Range Extended

This is an extension of the Average True Range indicator with the breakdown of price gain, loss, and standard deviation; with the price break down into price gain and loss, this can now be used as an oscillator with standard deviation as the queue to time the entry and exit.


Settings

  • ATR Period - Typically set at 12.
  • ExtStdDev Period - This the period for the Standard Deviation and it typically follows the ATR Period.


How to use

Buy / Sell Direction - If the green (gain) is higher than the loss (red), means to buy and vice versa.

  • Buy
    • Entry - When the black line (standard deviation) cross over the green line and the green line is above the red line.
    • Exit - When black line touches the green line OR green line (almost) touches the blue line (ATR) OR black line reaches the peak.
  • Sell
    • Entry - When the black (standard deviation) cross over the red line and the green line is above the green line.
    • Exit - When the black line touches the red line OR red line (almost) touches the blue line (ATR) OR black line reaches the peak.
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Capture every opportunity: your go-to indicator for profitable trend trading Trend Trading is an indicator designed to profit as much as possible from trends taking place in the market, by timing pullbacks and breakouts. It finds trading opportunities by analyzing what the price is doing during established trends. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Trade financial markets with confidence and efficiency Profit from established trends without getting whips
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Market Open Hours Indicator
Kok Jye Yen
Indicators
I have been trading for some time now and always find it a difficulty remembering the timing of the various market opening hours at the other part of the world (especially, when it comes to daylight saving), but could not find any decent indicator online that could help. And it is for this reason that gives birth to this indicator, which I have spent much time, effort and thinking. As many already know that opening of a certain marketplace, depending on which currency pair, has an impact on the
Zig Zag with Delta and Price
Kok Jye Yen
Indicators
The ZigZag indicator provide a good perspective on how the prices are moving, especially when identifying the higher highs or the lower lows. Without using the mouse to measure the extremums, the ZigZag indication can sometimes give a false sense of how much the market have moved, especially when the scale is changed. Hence, the idea for this indicator is born. This indicator provides the typical zig-zag indication with the value added movement delta in pips at each extremums (extreme points). T
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