Indicator Name : Baseline: iMA + ATR Bands
Description :
Baseline: iMA+ATR Bands is a custom indicator that combines a standard Moving Average (MA) with upper and lower bands based on the Average True Range (ATR). The result is a simple yet powerful visual tool for identifying market trends, potential breakouts, and volatility.
Background :
This indicator was inspired by the No Nonsense Forex (NNFX) trading methodology, where the Baseline acts as a primary trend filter. I developed this to make the baseline setup easier to read and interpret directly on the chart.
How to use :
- iMA Period – The number of bars used to calculate the Moving Average.
- iMA Method – Type of Moving Average (SMA, EMA, SMMA, LWMA).
- Applied Price – Source price for MA (e.g., Close, Open, High, Low).
- ATR Period – Number of bars used for ATR calculation.
- ATR Multiplier – The factor applied to the ATR value to calculate the upper and lower bands.
Trading Suggestions (not financial advice) :
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Use the MA line as your baseline trend filter.
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Price crossing above the upper band may suggest bullish momentum.
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Price crossing below the lower band may indicate bearish momentum.
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Combine with confirmation, volume, and exit indicators in line with your strategy (e.g., NNFX guidelines).
Screenshots :
Input Settings :
Color & Lines Settings :
About :
