CapitalFlowsResearch: Vol Ranges

CapitalFlowsResearch: Vol Ranges — Multi-Timeframe ATR Expansion Map

CapitalFlowsResearch: Vol Ranges creates a structured volatility “roadmap” by projecting expected price extensions across multiple timeframes using ATR-based ranges. Instead of relying on a single ATR reading, the tool pulls in higher-timeframe volatility measures—such as daily and monthly expansions—and uses them to build a set of reference levels that anchor the current market against where it should trade under normal volatility conditions.

The script does two things simultaneously:

Projects volatility-derived target bands
It computes a set of upper and lower expansion levels (e.g., +100%, +50%, –50%, –100%) around prior closing levels on different timeframes. These levels act as structural markers for expected movement, allowing traders to quickly recognise when price is behaving within typical bounds or pressing into statistically stretched territory.

Displays a live dashboard for interpretation
A fully configurable on-chart table displays:

Recent volatility readings

Today's reference ranges

Distance from current price to each expansion level

Whether today's movement is expanding or contracting relative to prior volatility

This gives traders a compact situational summary without cluttering the price chart.

Optional high-timeframe projection lines can also be plotted directly on the chart, updating once per new day or new month, making it easy to visually align intraday price action with broader volatility structure.

In practical terms, Vol Ranges functions as a multi-timeframe volatility compass—highlighting when markets are trading inside normal ranges, when they are beginning to stretch, and when they may be entering conditions supportive of momentum or reversal behaviour. All core mechanics remain abstracted, preserving the proprietary nature of the volatility framework.