ATR is an excellent indicator for comparing volatility now and before. But what if you want to compare the volatility of two pairs?
Since each pair with different quote currency has different pip value, the output of the ATR doesn't really say that much.
Comparing pairs to other instruments is even harder.
What you as a trader care about is how much the pair has moved up or down in value, therefor normalizing ATR to percent would make things much easier.
True Volatility is really just the
Have you ever watched those massive trends and constant waves in cryptocurrency and somehow wanted to take advantage of them?
That's why I came up with Crypto Bull. This bot has two modes that automatically exploits two kinds of moves in the crypto market.
The default mode is an INVESTMENT mode. It waits for big daily dips and panic sells, and makes sure it never enters when the coin is in an overall high place. It also continues to add exposure if the fall is prolonged. The user of the bot wi
Range bands works the same way as Bollinger bands except that they are self adapting, with range trading in mind.
Unless you are familiar with Bollinger bands, it is a standard deviation indicator that is based around the concept that when price deviates to quickly from the average, it's going to encounter resistance. This is true for all period settings, since standard deviation 2 or 3 is an extreme on any data. This indicator automatically chooses the period that is currently most suitable fo
It is is your personal risk guard.
Drop it on any chart on your VPS or trading computer and it will guard your total risk in any pair or asset and make sure the sum of all stops is within your risk.
If you happened to exceed the risk, in a split second this EA will calculate the exact position for the combined risk of all open orders and place all stops at the exact same spot.
If you open a new position with another lot size. No problem, all stoplosses will automatically adjust.
Tired of ma
Note: Backtesting is by default off, and needs to be turned on for the EA to work properly. This goes for testing the EA in strategy tester as well.
Sixteen months after the first Swiss Army Scalper was released, there is now finally a self optimizing version. There have been hundreds of hours building different self testing functions and experimenting with different ways of filtering the market. While some of them are still in the lab, and I have some great ideas going on, this version is a fi
Tired of online risk calculators that you manually have to fill out?
This neat little dashboard instantly shows you, your risk, reward and risk vs reward as soon as you've sat your Stop-loss or Take-profit.
Works on both market and pending orders.
By far, my most used indicator when trading manually.
Can handle multiple positions. And gives the total risk and reward for all positions on all manually placed or pending positions on the current chart. Automatically recalculat