Category Trend  Published on 03/07/2024

SwingArm ATR Trend with Alert

Description

The SwingArm ATR Trend with Alert indicator is a powerful technical analysis tool that uses Fibonacci levels and the Average True Range (ATR) to identify and analyze trends. This indicator is designed to enhance your trading strategy by providing timely alerts and visual cues.

This indicator was designed by another friend (mfejza), but they did not design the ability to send notifications and I completed it.
You can see it from this link: https://ctrader.com/algos/indicators/show/3229

<< This indicator is free >>

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 Swing Arm ATR Trend Features:

  • Trend with Alert highly adaptable to different trading styles.
  • Trend Change Alerts: The indicator detects trend changes and provides corresponding alerts, ensuring you stay updated with the latest market movements.
  • Price Touch Alerts: Alerts are provided when the price touches predefined Fibonacci levels, a unique feature of the SwingArm ATR Trend with Alert.
  • Chart Icons: When enabled, icons corresponding to the alerts are displayed on the chart, providing clear visual cues.
  • Fibonacci Labels: Fibonacci levels are labeled on the chart, making analysis easier and more intuitive.

Swing Arm ATR Trend Parameters:

  • ATR Period: The period for calculating the Average True Range.
  • ATR Factor: A multiplier for the ATR to determine the trend direction and strength.
  • Show Fib Entries?: Option to display Fibonacci entry levels.
  • Fibo Level 1 (61.8%): First Fibonacci level for analysis.
  • Fibo Level 2 (78.6%): Second Fibonacci level for analysis.
  • Fibo Level 3 (88.6%): Third Fibonacci level for analysis.
  • Alert Fibo Level 1: Enable/disable alerts for the first Fibonacci level.
  • Alert Fibo Level 2: Enable/disable alerts for the second Fibonacci level.
  • Alert Fibo Level 3: Enable/disable alerts for the third Fibonacci level.
  • Alert Fibo 100%: Enable/disable alerts for the 100% Fibonacci level.
  • Draw icon on chart: Option to draw icons on the chart for alerts.
  • Show Fibo Labels?: Option to display Fibonacci level labels on the chart.

The SwingArm ATR Trend with Alert indicator is an essential tool for traders seeking to leverage Fibonacci levels and ATR for trend analysis and timely alerts.

This indicator with RSI alert indicator or FVG indicator ICT gives you profitable strategies.


The author decided to hide the source code.
AlgoCreators's avatar
AlgoCreators

Joined on 16.01.2022

  • Distribution: Paid
  • Language: C#
  • Trading platform: cTrader Automate
  • File name: black flag FTS.algo
  • Rating: 5
  • Installs: 0
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