Tag Archives: Average True Range

ThinkScripter Master Indicator

The Master Indicator is a “FrankenStudy” combination of about five other studies. Continue reading

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ThinkScripter Multi-Stops

Multi-Stops will plot five different types of volatility stops: Average True Range Stops, Wilder Average Stops, Chandelier Stops, Elder Safe Zone Stops and Fibonacci Stops. Continue reading

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Average True Range Stop Validation

Enter your desired working stop-loss amount. If your desired stop amount falls within the boundaries of the ATR envelope, the plot is blue. When the volatility increases such that your stop is probably insufficient, the plot turns red. Continue reading

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