Real author: Kvant
Semaphore signal indicator using Average True Range. Signals emerge when ATR starts rising after the previous fall. The indicator color depends on the direction of the candlestick.
Fig.1. The Daniella indicator.
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Real author: Kvant
Semaphore signal indicator using Average True Range. Signals emerge when ATR starts rising after the previous fall. The indicator color depends on the direction of the candlestick.
Fig.1. The Daniella indicator.