New atr bands

• 02/26/2020 at 9:53 PM #120611
  Patrick K Templar

  Hello there at prorealtime

  I’m trying to build ATR range bands

  Now I know there’s aTR bands and I have been using them but they’re not doing what I need them to do do so I’ve tried manipulating them to the best of my abilities.

  Basically I want to take the range of the ATR of the closing price of today’s candle and then project that onto the charts of the Open of the next candle and then so on

  The reason why why the other ATR tools mostly change until the Close of that bar.

  I am trying to use it as a stop and take profit and backtest it and from that test in the others they just was not working out

  So if you could please help me I would be very grateful thank you very much

  Patrick

  

  Patrick K Templar

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  02/27/2020 at 12:31 AM #120622
  robertogozzi

  You are returned an ATR value; to make bands around it you need a percentage or standard deviation to build the upper and lower bands.

  Is that what you need?

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  Patrick K Templar

  

  robertogozzi

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  02/27/2020 at 2:37 AM #120628
  Patrick K Templar

  I thinnk i have done it

  

  Patrick K Templar

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