OPEN-SOURCE SCRIPT
Atualizado Arego ATR

This script automatically calculates ATR on a daily basis where it would be highest and lowest and draws a line there.
With this you can see whether stock has passed the ATR or not.
When stock moves, line is adjusted as well. For example, the stock opened at $100 and moved down $1.
ATR is $5.
Script will then draw two lines on the chart.
Daily low ATR would then be $95 and daily high ATR would then be $104.
The formula is very simple:
Current price + ATR = daily high
Current price - ATR = daily low
With this you can see whether stock has passed the ATR or not.
When stock moves, line is adjusted as well. For example, the stock opened at $100 and moved down $1.
ATR is $5.
Script will then draw two lines on the chart.
Daily low ATR would then be $95 and daily high ATR would then be $104.
The formula is very simple:
Current price + ATR = daily high
Current price - ATR = daily low
Notas de Lançamento
I corrected my misconceptions in script logic.Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.