TTI ATR Extreme

v10.3
TTI ATR Extreme

Another new channel indicator made of price differences (high or low) from a moving average (40 periods EMA) and ponderate by the recent average true range (14 periods).

The result of this calculation is then smoothed by another Exponential Moving Average  of 3 periods. This is the “center” of the band. The upper and lower bands are calculated with the standard deviation 200 periods from this center value (smoothed with another 40 EMA beforehand).

The indicator act as an oscillator with dynamic overbought and oversold areas, that could be used as potential reversal zones or breakout ones to trade in the same direction.

This code come from a Kirk Northington’s book.

Coded by a request on the Italian forum, translated from a Metastock formula.

 

Share this

Risk disclosure:

No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.

ProRealTime ITF files and other attachments : How to import ITF files into ProRealTime platform?

PRC is also on YouTube, subscribe to our channel for exclusive content and tutorials

  1. albertocampagna • 04/20/2017 #

    Sei grande Nicolas 🙂

  2. SAcht • 04/20/2017 #

    Dear Nicolas,
    Great work, thank you very much!I would love to use the indicator in ProScreener. However, regardless of the stock list I choose, PRT does not come up with any values (even though the condition should be met).This is the code of the ProScreener (created by using the ProScreener assistant) – really simple in order to exclude any other potential sources of error:
    ignored, indicator1, ignored = CALL “PRC_TTI ATR Extreme”(close)c1 = (indicator1 > indicator1[1])SCREENER[c1]
    Do you (or anyone else) have any idea why ProScreener does not seem to filter out any stock?Thank you very much in advance!!

    • SAcht • 04/20/2017 #

      btw: The above-posted ProScreener is supposed to show stocks for which the center line has increased vs. last period

avatar
Register or

Likes

avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar
Related users ' posts
kats Bonjour, j'ai essayé de faire afficher cet indic en temps 5 mn sur le 1 mn et c'est Hiroshim...
Nicolas Il suffit d'ajouter l'instruction TIMEFRAME(5 minutes,updateonclose) en tête du code
diegofe_2000 cordial saludo Nicolas, una pregunta senciLla : Como coloco un STOPS en un maximo o un mini...
StephFor //ind1 = ZigZagPoint[2*averagetruerange[200]](close) avr = 3 //3% ind1 = ZigZag[avr](close...
Manu L. @Steph un grand merci pour ton aide mais :-( J'ai copier le code tel quel mais cependant j...
AlphaMauss Je n'ai pas réussi à faire fonctionner l'indicateur avec le code fourni en commentaire sur P...
Fabian Hi IV Mcm, have you drawn the rectangles (Dinamic, Range) by yourself in the chart or are...
IV Mcm Myself to illustrate ;)
Nicolas Oui c'est possible. Merci de ne pas poster des demandes qui sont hors sujets. Pour les deman...
Igor Merci pour cet itf. Question : comment faire pour instruire un screener ?
Nicolas tester le croisement du Close avec la première valeur de l'indicateur : "TrailingStop", faci...
Nicolas Ask on an Excel website?!
JJMR HOLA NICOLAS, TENGO LA ULTIMA VERSION ACTUALIZADA DEL INDICADOR TTM SQUEEZE PRO EN LA VERSIO...
imokdesign @nicolas ,if in want to "call" this indicator, which values i have to write down?
Nicolas Poni qui la tua domanda se è correlata a questo indicatore, altrimenti apri un nuovo argomen...
PhilipSchultz Hi Nicolas, can i backtest this indicator? And if so, how do i do it? I have tried, but don´...
Nicolas Sure, use the forums to create a new topic to ask for it Please respect the posting rules ...
Nicolas How to import file page: in the help section of the website explains howto
kenssa import through the indicator page/window in the Proreal time
chicoteca Buenas, no consigo que se me muestre en el chart de DAX. ¿Cómo procedo? Gracias.-
mohamed bonjour nicolas! j'aimerais pouvoir changer les couleurs des chandelier directement depuis ...
Nicolas remplacer les valeurs de coloured(0,255,0) par coloured(r,g,b) et ajouter ces noms de variab...
mohamed merci Nicolas!
Ciurno981 il suffit de changer le nombre de contrats à acheter
Ciurno981 Does anyone have the data at 200,000 units, why would I like to see over 5 years?
Ludwig Bonjour Merci pour le code, je souhaite intégrer un break even et mette en place un réinves...
Nicolas You should open a new topic to discuss about the strategy and its coding.
dvlukic Hello Nicolas, How could plot this indicator over the price series? Thanks Dave
Nicolas Just add it on the price series.
Byggtrader Hi Nicolas! How do I get the indicator in the price chart? It only stays under i new chart.
Nicolas Just add it on the price chart by using the wrench on the left upper side of the chart (pric...
HeikinAshi https://www.prorealcode.com/topic/ssl-channel/
jobswaps oyes aste uno de soportes y recistencias
jobswaps eso lo necesitamos
SB-FO Thanks Nicolas.
redactv7 On my charts, the indicator doesnt go on the upper pannel, on prices, but under like an osci...
Nicolas apply in on the chart, look at this how-to video: https://www.prorealcode.com/blog/video-tut...
LucioleLucide Clean view, thanks for sharing
dertopen hi where i can found the window for candle configuration?
paolosab69 Ciao! . I have seen the pictures that explain this metod but i don't understand when is mome...
Thomas
3 years ago
Thomas Como? no intiendo. Can you write in english . It works! Download the itf file.
Thomas New Version comin soon...
CHARLESRACHELLE OLA NAO SERVE PARA MT4?

Top