OPEN-SOURCE SCRIPT

ATR from VWAP

739
📌 ATRs from VWAP – Intraday Volatility Tracker
This script measures how far price is from VWAP in ATR units, helping traders assess short-term overextension and reversion potential.

🔹 Key Features:
✅ ATR Distance from VWAP – Calculates how many ATRs the price is from the VWAP.
✅ Dynamic Table Display – Shows ATR distance in real-time for quick decision-making.
✅ Intraday Focus – Designed for scalpers and day traders using minutes or hourly timeframes.

📊 How to Use:

Look for price moving away from VWAP to identify extended moves.
Use as a reversion signal when price deviates too far from VWAP.

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