AVERAGE EXPONENTIAL AT 21 PERIODS WITH ATR

• 01/29/2018 at 9:35 AM #60547
  Marcot18

  HELLO TO ALL, I DRAFTED THIS INDICATOR BASED ON A MEDIUM EXPONENTIAL AT 21 PERIODS + ATR, I HIGHLIGHTED WITH A GREEN BAND A POSSIBLE ZONE OF PURCHASE IN EXCESS OF THE PRICE, PLEASED THAT ALL THE BAR SETUP YOU ARE COMPLETELY OUTSIDE THE BANDS

  ATR=AverageTrueRange[21](close)*2.236 M=ExponentialAverage[21](close) //DEFINIAMO IL CANALE MMAX = (M + ATR) MMIN = (M-ATR) RETURN M AS "MEDIA", mmax as "MEDIAMAX",MMIN AS"MEDIAMIN"

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  ATR=AverageTrueRange[21](close)*2.236 M=ExponentialAverage[21](close) //DEFINIAMO IL CANALE MMAX = (M + ATR) MMIN = (M-ATR)     RETURN M AS  "MEDIA", mmax as "MEDIAMAX",MMIN AS"MEDIAMIN"

   

   

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  Nicolas

  

  Marcot18

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