ATR/VWAP Indicator code

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03/12/2025 at 7:14 AM #244849 quote

Participant

Average

anyone can help in fixing this code for the indicator below?

DEFPARAM PreloadBars = 1000

// --- PARAMETERS ---
ATRPeriod = 14
ATRMultiplier = 2
VolumeThreshold = Average[50](Volume) * 2

// --- INDICATORS ---
ATRValue = ATR[ATRPeriod]
ATRExplosion = ATRValue > ATRMultiplier * ATR[5]
VWAPValue = VWAP

// --- PRICE MOVEMENT DETECTION ---
BullishMove = Close > VWAPValue AND ATRExplosion AND Volume > VolumeThreshold
BearishMove = Close < VWAPValue AND ATRExplosion AND Volume > VolumeThreshold

// --- TRIGGER SIGNALS ---
IF BullishMove THEN
DRAWARROWUP(LOW, "Strong Bullish Move", blue)
ENDIF

IF BearishMove THEN
DRAWARROWDOWN(HIGH, "Strong Bearish Move", red)
ENDIF

03/12/2025 at 9:54 AM #244853 quote

Iván González

Moderator

Legend

Hi! here it is

// --- PARAMETERS ---
ATRPeriod = 14
ATRMultiplier = 1
VolumeThreshold = Average[50](Volume) * 2

// --- INDICATORS ---
ATRValue = averagetruerange[ATRPeriod](close)
ATRExplosion = ATRValue > ATRMultiplier * averagetruerange[5](close)

if day<>day[1] then
d=1
VWAP=typicalprice
else
d=d+1
if volume > 0 then
VWAP = SUMMATION[d](volume*typicalprice)/SUMMATION[d](volume)
endif
endif
VWAPValue = VWAP

// --- PRICE MOVEMENT DETECTION ---
BullishMove = Close > VWAPValue AND ATRExplosion AND Volume > VolumeThreshold
BearishMove = Close < VWAPValue AND ATRExplosion AND Volume > VolumeThreshold

// --- TRIGGER SIGNALS ---
IF BullishMove THEN
DRAWARROWUP(barindex,LOW)coloured("blue")//, "Strong Bullish Move", blue)
ENDIF

IF BearishMove THEN
DRAWARROWDOWN(barindex,HIGH)coloured("red")//, "Strong Bearish Move", red)
ENDIF

return VWAPValue

03/12/2025 at 10:44 AM #244855 quote

efahmy

Participant

Average

Thanks mate,

could change it to paint bars with dark green and dark red instead of arrows?

03/12/2025 at 11:13 AM #244856 quote

Iván González

Moderator

Legend

Just change it for this:

drawcandle(open,high,low,close)coloured("darkgreen")

The same for darkred colour.

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ATR/VWAP Indicator code

ProBuilder: Indicators & Custom Tools

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efahmy @efahmy Participant

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This topic contains 3 replies,
has 2 voices, and was last updated by Iván González
1 year, 6 months ago.

Topic Details

Forum:	ProBuilder: Indicators & Custom Tools
Language:	English
Started:	03/12/2025
Status:	Active
Attachments:	No files