SFG - ATR2 Signals
This indicator and its algorithm are versatile and applicable to various types of assets, including stocks, forex, commodities (such as gold and crude oil), and cryptocurrencies. With flexible parameter settings and multidimensional signal generation logic, it effectively captures key buy and sell points in both trending and range-bound markets. Additionally, the built-in dynamic risk management features, such as ATR-based stop-loss and take-profit levels, enhance its adaptability across different market conditions, providing users with a comprehensive and reliable analysis tool.
The Best Scalping Strategy
• Name: “SFG ATR2 Signals”
• Purpose: Generate Long and Short signals based on technical indicators, momentum calculations, and a custom machine learning-inspired prediction algorithm.
Overview
Key Components
Input Parameters
• Allow customization of:
• Trend length (trendLength): Period for momentum calculations.
• Smoothness (smoothness): Smoothes the data for stability.
• Oversold/Overbought thresholds (osLevel, obLevel): Define the range for identifying extreme price movements.
• Confirmation thresholds (confirmationThreshold): Controls the strength of the signal.
• MLMI neighbors (numNeighbors): Number of past points to include in the KNN prediction.
Indicators
1. Moving Averages (MA):
• Weighted Moving Average (WMA) is used for smoothing price and RSI data.
2. RSI (Relative Strength Index):
• Quick and slow RSI values are calculated and smoothed to capture momentum changes.
3. ATR (Average True Range):
• Used to determine stop-loss and take-profit levels.
4. Volume Analysis:
• Detects significant volume increases for additional signal confirmation.
• Detects the crossover points between: Fast and slow moving averages for trends & MLMI-predicted values.
Main Features Explained
1. Calculate momentum and trend using RSI and moving averages.
2. Identify overbought/oversold conditions with thresholds.
3. Apply the KNN algorithm to predict likely price movement.
4. Combine confirmation signals with volume and trend for buy/sell conditions.
5. Plot the signals on the chart and generate alerts.
Adaptive Trend RSI 2.0
ATR2-SIGNALS
Experience the edge with ATR2 SIGNALS, where you’ll gain access to accurate entry and exit points that function seamlessly across various markets. Our proven scalping strategy boasts a high win-rate, ensuring you maximize your potential for profits.