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MA offset ATR

The indicator builds the channel made of Moving Average shifted up and down by "n" ATR ("n" is specified in the settings).

  • If the price crosses the indicator's middle line upwards, it is time to buy.
  • If the price crosses the indicator's middle line downwards, it is time to sell.
  • If the price crosses the indicator's upper line, the market is overbought and local retracement is highly probable.
  • If the price crosses the indicator's lower line, the market is oversold and local retracement is highly probable.

Indicator parameters:

  • MA period - period of the Moving Average used for building the channel.
  • MA shift - shift of the Moving Average used for building the channel relative to the price chart.
  • Applied to the - price for the Moving Average calculation.
  • Method of smoothing - MA smoothing method.
  • ATR period - ATR period for MA upward and downward shift.
  • Offset MA on ATR - value of MA shift by ATR.
  • Shift indicator - indicator shift relative to the price chart.
Rodrigo da Silva Boa
2514
2016.01.10 22:47 
 

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Denis Olkhovoy
1937
2012.09.01 04:58 
 

User didn't leave any comment to the rating