📊 TIS_ATR_Trend Indicator – Setup Guide (Nasdaq 5M Example)

 

🔎 What is it?

The TIS_ATR_Trend (by The Indicator Store for NinjaTrader 8) is a trend-following indicator designed to:

• Detect trend changes while resisting market noise/volatility.

• Adapt to different instruments and chart types (e.g., Renko, time-based).

• Provide plots for automation, making it useful for discretionary traders and algorithmic strategies alike.

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🎯 What is it for?

• Identify trend reversals more reliably.

• Avoid false signals caused by volatility.

• Customize sensitivity via ATR, N-Bars, and thresholds.

• Use as a filter in strategies (only take trades aligned with the main trend).

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⚙️ Key Parameters

1. ATR Multiplier → Adjusts sensitivity to price.

   • Small (0.5) = more signals, but noisier.

   • Large (1.5–2.0) = fewer signals, more robust.

2. Mode (Calculation method):

   • Mode 1: Requires the entire candle to cross trend line (safer).

   • Mode 2: Only requires the close to cross (faster, more signals).

3. N-Bars (Consecutive Candles):

   • Defines how many candles must confirm the breakout.

   • Example: 3 bars = stronger confirmation, fewer whipsaws.

4. Threshold / Offset (Ticks):

   • Minimum distance the candle must cross beyond the trend line.

   • Helps filter out noise without introducing lag.

5. HMA Slope Filter:

   • Adds a Hull Moving Average filter to confirm direction.

   • Example: Only longs if HMA slope is up, shorts if slope is down.

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📝 Step-by-Step Setup (Nasdaq 5M Example)

1. Timeframe:

   • 5-minute chart (Nasdaq is highly volatile).

2. ATR Settings:

   • ATR period: 14 (default).

   • ATR multiplier: 1.0 (balanced).

3. Mode Selection:

   • Use Mode 1 (full candle) for more reliable signals.

4. N-Bars (Confirmation):

   • Set to 3 → trend change requires 3 candles confirming the break.

5. Threshold (Offset in ticks):

   • Set to 10 ticks → filters out false flips without slowing down signals.

6. Apply HMA Slope Filter:

   • HMA period: 100.

   • Use slope as directional filter.

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✅ Recommended Swing-Trading Setup (Nasdaq 5M)

• ATR period: 14

• ATR multiplier: 1.0

• Mode: 1 (entire candle)

• N-Bars: 3

• Threshold: 10 ticks

• HMA Filter: 100

👉 This setup provides a solid balance between reactivity and reliability.

• You’ll catch real reversals without too many false flips.

• Works well on volatile assets like Nasdaq futures.

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⚡ Scalping vs. Swing Trading Adjustments

• Scalping: ATR 0.5, N-Bars = 1–2, Threshold = 0–5.

• Swing (Intraday): ATR 1.0–1.5, N-Bars = 3–5, Threshold = 10–15.