OPEN-SOURCE SCRIPT
J - ATR Trend Channel
(2022)
A trend-following overlay that combines an ATR-based trailing stop with a smoothed price average to identify trend direction and generate signals.
Best used on trending markets to ride momentum and spot early reversals.
A trend-following overlay that combines an ATR-based trailing stop with a smoothed price average to identify trend direction and generate signals.
- The trailing stop dynamically trails price using ATR volatility bands, tightening in trending conditions
- The smoothed line (a) blends open/close/high/low into a volatility-weighted average, acting as a trend filter
Best used on trending markets to ride momentum and spot early reversals.
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.
Join the Growing (Econophysics Trading) Community! ⚛️
discord.com/invite/qb4RKFdwYJ
Trade the physics of price.
discord.com/invite/qb4RKFdwYJ
Trade the physics of price.
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.
Join the Growing (Econophysics Trading) Community! ⚛️
discord.com/invite/qb4RKFdwYJ
Trade the physics of price.
discord.com/invite/qb4RKFdwYJ
Trade the physics of price.
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.