OPEN-SOURCE SCRIPT

ATR news target

This indicator is based on the calculation of the ATR and the use of multipliers to define specific price levels. It is crucial that it is fixed to the price axis.

During periods of high volatility, such as during the release of macroeconomic data, it is essential to understand the magnitude of price movements.

By multiplying the ATR (customizable period) by specific multipliers (customizable variables), exit targets (stop loss and take profit) are determined based on the current volatility, ensuring greater adaptability to the market.

The directionality will be determined by the news, but thanks to the indicator (calculated on the last closed candle), you will have the ability to precisely determine stop loss, take profit, and retracement points.

Breadth Indicators

Script de código aberto

No verdadeiro espírito do TradingView, o autor desse script o publicou como código aberto, para que os traders possam compreendê-lo e analisá-lo. Parabéns ao autor! Você pode usá-lo gratuitamente, mas a reutilização desse código em publicações é regida pelas Regras da Casa. Você pode favoritá-lo para usá-lo em um gráfico.

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