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Pesquisar nos scripts por "ATR"

ATRWhat the Indicator Shows: A compact table with four cells is displayed in the bottom-left corner of the chart: | ATR | % | Level | Lvl+ATR | Explanation of the Columns: ATR — The averaged daily range (volatility) calculated with filtering of abnormal bars (extremely large or small daily candles are ignored). % — The percentage of the daily ATR that the price has already covered today (the difference between the daily Open and Close relative to ATR). Level — A custom user-defined level set through the indicator settings. Lvl+ATR — The sum of the daily ATR and the user-defined level. This can be used, for example, as a target or stop-loss reference. Color Highlighting of the "%" Cell: The background color of the "%" ATR cell changes depending on the value: ✅ If the value is less than 10% — the cell is green (market is calm, small movement). ➖ If the value is between 10% and 50% — no highlighting (average movement, no signal). 🟡 If the value is between 50% and 70% — the cell is yellow (movement is increasing, be alert). 🔴 If the value is above 70% — the cell is red (the market is actively moving, high volatility). Key Features: ✔ All ATR calculations and percentage progress are performed strictly based on daily data, regardless of the chart's current timeframe. ✔ The indicator is ideal for intraday traders who want to monitor daily volatility levels. ✔ The table always displays up-to-date information for quick decision-making. ✔ Filtering of abnormal bars makes ATR more stable and objective. What is Adaptive ATR in this Indicator: Instead of the classic ATR, which simply averages the true range, this indicator uses a custom algorithm: ✅ It analyzes daily bars over the past 100 days. ✅ Calculates the range High - Low for each bar. ✅ If the bar's range deviates too much from the average (more than 1.8 times higher or lower), the bar is considered abnormal and ignored. ✅ Only "normal" bars are included in the calculation. ✅ The average range of these normal bars is the adaptive ATR. Detailed Algorithm of the getAdaptiveATR() Function: The function takes the number of bars to include in the calculation (for example, 5): The average of the last 5 normal bars is calculated. pinescript Копировать Редактировать adaptiveATR = getAdaptiveATR(5) Step-by-Step Process: An empty array ranges is created to store the ranges. Daily bars with indices from 1 to 100 are iterated over. For each bar: 🔹 The daily High and Low with the required offset are loaded via request.security(). 🔹 The range High - Low is calculated. 🔹 The temporary average range of the current array is calculated. 🔹 The bar is checked for abnormality (too large or too small). 🔹 If the bar is normal or it's the first bar — its range is added to the array. Once the array accumulates the required number of bars (count), their average is calculated — this is the adaptive ATR. If it's not possible to accumulate the required number of bars — na is returned. Что показывает индикатор: На графике внизу слева отображается компактная таблица из четырех ячеек: ATR % Уровень Ур+ATR Пояснения к столбцам: ATR — усреднённый дневной диапазон (волатильность), рассчитанный с фильтрацией аномальных баров (слишком большие или маленькие дневные свечи игнорируются). % — процент дневного ATR, который уже "прошла" цена на текущий день (разница между открытием и закрытием относительно ATR). Уровень — пользовательский уровень, который задаётся вручную через настройки индикатора. Ур+ATR — сумма уровня и дневного ATR. Может использоваться, например, как ориентир для целей или стопов. Цветовая подсветка ячейки "%": Цвет фона ячейки с процентом ATR меняется в зависимости от значения: ✅ Если значение меньше 10% — ячейка зелёная (рынок пока спокоен, маленькое движение). ➖ Если значение от 10% до 50% — фон не подсвечивается (среднее движение, нет сигнала). 🟡 Если значение от 50% до 70% — ячейка жёлтая (движение усиливается, повышенное внимание). 🔴 Если значение выше 70% — ячейка красная (рынок активно движется, высокая волатильность). Особенности работы: ✔ Все расчёты ATR и процентного прохождения производятся исключительно по дневным данным, независимо от текущего таймфрейма графика. ✔ Индикатор подходит для трейдеров, которые торгуют внутри дня, но хотят ориентироваться на дневные уровни волатильности. ✔ В таблице всегда отображается актуальная информация для принятия быстрых торговых решений. ✔ Фильтрация аномальных баров делает ATR более устойчивым и объективным. Что такое адаптивный ATR в этом индикаторе Вместо классического ATR, который просто усредняет истинный диапазон, здесь используется собственный алгоритм: ✅ Он берет дневные бары за последние 100 дней. ✅ Для каждого из них рассчитывает диапазон High - Low. ✅ Если диапазон бара слишком сильно отличается от среднего (более чем в 1.8 раза больше или меньше), бар считается аномальным и игнорируется. ✅ Только нормальные бары попадают в расчёт. ✅ В итоге считается среднее из диапазонов этих нормальных баров — это и есть адаптивный ATR. Подробный алгоритм функции getAdaptiveATR() Функция принимает количество баров для расчёта (например, 5): Считается 5 последних нормальных баров pinescript Копировать Редактировать adaptiveATR = getAdaptiveATR(5) Пошагово: Создаётся пустой массив ranges для хранения диапазонов. Перебираются дневные бары с индексами от 1 до 100. Для каждого бара: 🔹 Через request.security() подгружаются дневные High и Low с нужным смещением. 🔹 Считается диапазон High - Low. 🔹 Считается временное среднее диапазона по текущему массиву. 🔹 Проверяется, не является ли бар аномальным (слишком большой или маленький). 🔹 Если бар нормальный или это самый первый бар — его диапазон добавляется в массив. Как только массив набирает заданное количество баров (count), берётся их среднее значение — это и есть адаптивный ATR. Если не удалось набрать нужное количество баров — возвращается na.
Indicador Pine Script®
por otdailopatku
ATR+(Experimental) I often use the ATR as a volatility filter, to get better entries or to just get a quick understand of the volatility when screening different stocks. With this indicator you can use the ATR in a few different ways: -- Dynamic ATR -- To get more comparability between stocks I use a dynamic/normalized ATR, so I've experimented with two different methods. ATR% can be calculated using John Forman’s approach called Normalized ATR (ATR / Close * 100). Or it can be calculated using what I call "Non Forman", where the normalization happens to the true range and not to the average true range (average of (TR / Close * 100)). I think this method is "cleaner", though the difference between the two is minimal. For more on this see www.macroption.com You can chose between normal ATR (not normalized), Forman's normazation method, and "Non-Forman" normalization. -- Smoothed ATR -- I originally used an ATR on a higher timeframe to get an idea of the overall volatility. But with higher time frames you always end up lag (or repainting issues when combining into an indicator). So I expertimented on smoothing the true range, by including several bars into the calculation. I most trade on a daily time frame so to my default "smoothing" is calculating the true range based on the last 5 days. This pretty much equals how the weekly TR would be calculated, but since it updates daily we get a different result. You can chose between displaying the standard ATR, the smoothed ATR or both. -- Thresholds -- To make it more clear and visually more appealing I added thresholds and I'm plotting warning zones for low volatily. -- Moving Average Method -- I think the best results from ATR comes when using RMA. But since I wanted to experiment with different options, the moving averages can be done using RMA, SMA, EMA, Hull MA, or WMA.
Indicador Pine Script®
por Algoswing
3
ATR %Overview Shows the Average True Range (ATR) as a percentage of a chosen price basis. Useful for a quick, apples-to-apples view of current volatility across symbols and timeframes. The value is displayed in a clean table at the bottom-right of the chart. What it shows Basis can be: Close, EMA(len), SMA(len), or VWAP. Data timeframe can be the Chart timeframe or a Daily aggregation. Inputs ATR length (len) – ATR lookback. Percent basis – Close / EMA / SMA / VWAP. Data timeframe – Chart (uses the current chart TF) or Daily (computes ATR and basis from daily data). Decimals – number of decimal places to display. Text / Background / Frame colors – customize the table appearance. Notes In Daily mode, ATR and basis are taken from daily data and update on daily close. VWAP is available only in Chart mode (Daily + VWAP will show n/a by design). The script overlays the chart but does not plot lines—only a compact info box. Use cases Compare volatility across coins/stocks quickly using ATR% instead of raw ATR. Switch basis to match your style (e.g., EMA for trend-aware scaling, VWAP for intraday context). Set Daily to track higher-timeframe volatility while trading lower TFs. Disclaimer For educational purposes only. Not financial advice. Trading involves risk.
Indicador Pine Script®
por charyyevn
Average True Range OverlayPlots ATR calculated on a daily basis as an overlay on the current chart. Implemented using the builtin atr function. ATR is a volatility indicator originally developed by J. Welles Wilder, Jr. for commodities: New Concepts in Technical Trading Systems. Greensboro, NC: Trend Research. ISBN 978-0-89459-027-6. The range of a day's trading is simply R = high − low. The true range extends it to yesterday's closing price if it was outside of today's range: TR = max The average true range is an N-day smoothed moving average of the TR values. A first stab at a sensible stop loss level might be 3*ATR below recent peak.
Indicador Pine Script®
por peterdv
22
ATRThis script displays the Average True Range (ATR) value and the ATR as a percentage of the current closing price directly on the main chart as a clean table, with no lines or plots. It allows users to easily monitor both absolute volatility and its relative magnitude, making comparisons across different assets intuitive. The display position is customizable, offering flexibility for personal chart layouts. Ideal for traders seeking quick volatility insights, risk management guidance, or portfolio-wide comparisons.
Indicador Pine Script®
por echanxyz
ATR Strength Index~~~~~~~ATRRSI~~~~~~~~~ Understanding the ATR Strength IndexThe "ATR Strength Index" (ATR SI) is a custom technical indicator derived by applying the calculation methodology of the Relative Strength Index (RSI) to the values of the Average True Range (ATR). While the standard RSI measures the momentum of price changes, the ATR SI measures the momentum of volatility itself, as represented by the ATR.It is important to note that this is not a standard, widely recognised indicator like the traditional RSI or ATR. It's a custom construction designed to provide a different perspective on market dynamics – specifically, the speed and magnitude of changes in volatility. How it is Calculated The calculation of the ATR Strength Index follows the same steps as the standard RSI, but the input data is the ATR value for each period, rather than the price.Let ATRi​ be the Average True Range value for the current period i.Let ATRi−1​ be the Average True Range value for the previous period i−1.Calculate the period-over-period change in ATR:ΔATRi​=ATRi​−ATRi−1​Separate ATR Gains and ATR Losses:If ΔATRi​>0, then ATR,Gaini​=ΔATRi​ and ATR,Lossi​=0.If ΔATRi​<0, then ATR,Gaini​=0 and ATR,Lossi​=∣ΔATRi​∣.If ΔATRi​=0, then ATR,Gaini​=0 and ATR,Lossi​=0.Calculate the Smoothed Average ATR Gain and Average ATR Loss over a specified lookback period (let's call this the "RSI Length" or n). This typically uses a smoothing method similar to Wilder's original RSI calculation (a modified moving average or exponential moving average).Average,ATR,Gainn​=Smoothed Average of ATR,Gain over n periodsAverage,ATR,Lossn​=Smoothed Average of ATR,Loss over n periodsCalculate the ATR Relative Strength (ATR RS):ATR,RSn​=Average,ATR,Lossn​Average,ATR,Gainn​​Calculate the ATR Strength Index:ATR,SIn​=100−1+ATR,RSn​100​The resulting index oscillates between 0 and 100, just like the standard RSI. How to Use It Interpreting the ATR Strength Index focuses on the momentum of volatility rather than price momentum:High Values (e.g., above 70): Indicate that volatility (as measured by ATR) has been increasing rapidly over the chosen period. This could suggest a market transitioning from a period of low volatility to high volatility, potentially preceding or accompanying strong directional price moves or increased choppiness.Low Values (e.g., below 30): Indicate that volatility has been decreasing rapidly. This could suggest a market transitioning from high volatility to low volatility, potentially entering a period of consolidation or ranging price action.Midline (50): Represents a balance between increasing and decreasing volatility momentum.Divergence: You could potentially look for divergence between the ATR value itself and the ATR Strength Index. For example, if ATR is making higher highs but the ATR SI is making lower highs, it might suggest that while volatility is still increasing, the speed of that increase is slowing down. The interpretation and reliability of such divergence would need careful testing. This indicator is best used as a supplementary tool to gain insight into the underlying volatility dynamics of the market, rather than as a primary signal generator for price direction. It can help in understanding the current market environment – whether volatility is picking up or dying down – which can inform the suitability of different trading strategies (e.g., trend-following strategies might be more effective when volatility momentum is high, while range-bound strategies might suit periods of low volatility momentum). Uniqueness The ATR Strength Index is unique because it applies a momentum oscillator's logic (RSI) to a volatility indicator's output (ATR).Standard RSI: Focuses on the directional force of price movements.Standard ATR: Measures the amount of volatility, regardless of direction.ATR Strength Index: Measures the speed and direction of change in volatility. It provides a perspective that neither the standard RSI nor ATR offers on their own – a quantified measure of how quickly the market's choppiness or range is expanding or contracting. This can be valuable for traders who incorporate volatility analysis into their decision-making process.In summary, the ATR Strength Index is a custom indicator that adapts the RSI calculation to measure the momentum of volatility, offering a unique view on market dynamics by showing how rapidly volatility is increasing or decreasing.
Indicador Pine Script®
por Horizon-Tonsi
$TUBR: Stop Loss IndicatorATR-Based Stop Loss Indicator for TradingView by The Ultimate Bull Run Community: TUBR **Overview** The ATR-Based Stop Loss Indicator is a custom tool designed for traders using TradingView. It helps you determine optimal stop loss levels by leveraging the Average True Range (ATR), a popular measure of market volatility. By adapting to current market conditions, this indicator aims to minimize premature stop-outs and enhance your risk management strategy. --- **Key Features** - **Dynamic Stop Loss Levels**: Calculates stop loss prices based on the ATR, providing both long and short stop loss suggestions. - **Customizable Parameters**: Adjust the ATR period, multiplier, and smoothing method to suit your trading style and the specific instrument you're trading. - **Visual Aids**: Plots stop loss lines directly on your chart for easy visualization. - **Alerts and Notifications** (Optional): Set up alerts to notify you when the price approaches or hits your stop loss levels. --- **Understanding the Indicator** 1. **Average True Range (ATR)**: - **What It Is**: ATR measures market volatility by calculating the average range between high and low prices over a specified period. - **Why It's Useful**: A higher ATR indicates higher volatility, which can help you set stop losses that accommodate market fluctuations. 2. **ATR Multiplier**: - **Purpose**: Determines how far your stop loss is placed from the current price based on the ATR. - **Example**: An ATR multiplier of 1.5 means the stop loss is set at 1.5 times the ATR away from the current price. 3. **Smoothing Methods**: - **Options**: Choose from RMA (default), SMA, EMA, WMA, or Hull MA. - **Effect**: Different smoothing methods can make the ATR more responsive or smoother, affecting where the stop loss is placed. --- **How the Indicator Works** - **Long Stop Loss Calculation**: - **Formula**: `Long Stop Loss = Close Price - (ATR * ATR Multiplier)` - **Purpose**: For long positions, the stop loss is set below the current price to protect against downside risk. - **Short Stop Loss Calculation**: - **Formula**: `Short Stop Loss = Close Price + (ATR * ATR Multiplier)` - **Purpose**: For short positions, the stop loss is set above the current price to protect against upside risk. - **Plotting on the Chart**: - **Green Line**: Represents the suggested stop loss level for long positions. - **Red Line**: Represents the suggested stop loss level for short positions. --- **How to Use the Indicator** 1. **Adding the Indicator to Your Chart**: - **Step 1**: Copy the PineScript code of the indicator. - **Step 2**: In TradingView, click on **Pine Editor** at the bottom of the platform. - **Step 3**: Paste the code into the editor and click **Add to Chart**. - **Step 4**: The indicator will appear on your chart with the default settings. 2. **Adjusting the Settings**: - **ATR Period**: - **Definition**: Number of periods over which the ATR is calculated. - **Adjustment**: Increase for a smoother ATR; decrease for a more responsive ATR. - **ATR Multiplier**: - **Definition**: Factor by which the ATR is multiplied to set the stop loss distance. - **Adjustment**: Increase to widen the stop loss (less likely to be hit); decrease to tighten the stop loss. - **Smoothing Method**: - **Options**: RMA, SMA, EMA, WMA, Hull MA. - **Adjustment**: Experiment to see which method aligns best with your trading strategy. - **Display Options**: - **Show Long Stop Loss**: Toggle to display or hide the long stop loss line. - **Show Short Stop Loss**: Toggle to display or hide the short stop loss line. 3. **Interpreting the Indicator**: - **Long Positions**: - **Action**: Set your stop loss at the value indicated by the green line when entering a long trade. - **Short Positions**: - **Action**: Set your stop loss at the value indicated by the red line when entering a short trade. - **Adjusting Stop Losses**: - **Trailing Stops**: You may choose to adjust your stop loss over time, moving it in the direction of your trade as the ATR-based stop loss levels change. 4. **Implementing in Your Trading Strategy**: - **Risk Management**: - **Position Sizing**: Use the stop loss distance to calculate your position size based on your risk tolerance. - **Consistency**: Apply the same settings consistently to maintain discipline. - **Combining with Other Indicators**: - **Enhance Decision-Making**: Use in conjunction with trend indicators, support and resistance levels, or other technical analysis tools. - **Alerts Setup** (If included in the code): - **Purpose**: Receive notifications when the price approaches or hits your stop loss level. - **Configuration**: Set up alerts in TradingView based on the alert conditions defined in the indicator. --- **Benefits of Using This Indicator** - **Adaptive Risk Management**: By accounting for current market volatility, the indicator helps prevent setting stop losses that are too tight or too wide. - **Minimize Premature Stop-Outs**: Reduces the likelihood of being stopped out due to normal price fluctuations. - **Flexibility**: Customizable settings allow you to tailor the indicator to different trading instruments and timeframes. - **Visualization**: Clear visual representation of stop loss levels aids in quick decision-making. --- **Things to Consider** - **Market Conditions**: - **High Volatility**: Be cautious as ATR values—and thus stop loss distances—can widen, increasing potential losses. - **Low Volatility**: Tighter stop losses may increase the chance of being stopped out by minor price movements. - **Backtesting and Optimization**: - **Historical Analysis**: Test the indicator on past data to evaluate its effectiveness and adjust settings accordingly. - **Continuous Improvement**: Regularly reassess and fine-tune the parameters to adapt to changing market conditions. - **Risk Per Trade**: - **Alignment with Risk Tolerance**: Ensure the stop loss level keeps potential losses within your acceptable risk per trade (e.g., 1-2% of your trading capital). - **Emotional Discipline**: - **Stick to Your Plan**: Avoid making impulsive changes to your stop loss levels based on emotions rather than analysis. --- **Example Usage Scenario** 1. **Setting Up a Long Trade**: - **Entry Price**: $100 - **ATR Value**: $2 - **ATR Multiplier**: 1.5 - **Calculated Stop Loss**: $100 - ($2 * 1.5) = $97 - **Action**: Place a stop loss order at $97. 2. **During the Trade**: - **Price Increases to $105** - **ATR Remains at $2** - **New Stop Loss Level**: $105 - ($2 * 1.5) = $102 - **Action**: Move your stop loss up to $102 to lock in profits. --- **Final Tips** - **Documentation**: Keep a trading journal to record your trades, stop loss levels, and observations for future reference. - **Education**: Continuously educate yourself on risk management and technical analysis to enhance your trading skills. - **Support**: Engage with trading communities or seek professional advice if you're unsure about implementing the indicator effectively. --- **Conclusion** The ATR-Based Stop Loss Indicator is a valuable tool for traders looking to enhance their risk management by setting stop losses that adapt to market volatility. By integrating this indicator into your trading routine, you can improve your ability to protect capital and potentially increase profitability. Remember to use it as part of a comprehensive trading strategy, and always adhere to sound risk management principles. --- **How to Access the Indicator** To start using the ATR-Based Stop Loss Indicator, follow these steps: 1. **Obtain the Code**: Copy the PineScript code provided for the indicator. 2. **Create a New Indicator in TradingView**: - Open TradingView and navigate to the **Pine Editor**. - Paste the code into the editor. - Click **Save** and give your indicator a name. 3. **Add to Chart**: Click **Add to Chart** to apply the indicator to your current chart. 4. **Customize Settings**: Adjust the input parameters to suit your preferences and start integrating the indicator into your trading strategy. --- **Disclaimer** Trading involves significant risk, and it's possible to lose all your capital. The ATR-Based Stop Loss Indicator is a tool to aid in decision-making but does not guarantee profits or prevent losses. Always conduct your own analysis and consider seeking advice from a financial professional before making trading decisions.
Indicador Pine Script®
por TheUltimateBullRun
ATR - Asymmetric Turbulence Ribbon🧭 Asymmetric Turbulence Ribbon (ATR) The Asymmetric Turbulence Ribbon (ATR) is an enhanced and reimagined version of the standard Average True Range (ATR) indicator. It visualizes not just raw volatility, but the structure, momentum, and efficiency of volatility through a multi-layered visual approach. It contains two distinct visual systems: 1. A zero-centered histogram that expresses how current volatility compares to its historical average, with intensity and color showing speed and conviction 2. A braided ribbon made of dual ATR-based moving averages that highlight transitions in volatility behavior—whether volatility is expanding or contracting The name reflects its purpose: to capture asymmetric, evolving turbulence in market behavior, through structure-aware volatility tracking. _______________________________________________________________ 🔧 Inputs (Fibonacci defaults) ATR Length Lookback period for ATR calculation (default: 13) ATR Base Avg. Length Moving average period used as the zero baseline for histogram (default: 55) ATR ROC Lookback Number of bars to measure rate of change for histogram color mapping (default: 8) Timeframe Override Optionally calculate ATR values from a higher or fixed timeframe (e.g., 1D) for macro-volatility overlay Show Ribbon Fill Toggles colored fill between ATR EMA and HMA lines Show ATR MAs Toggles visibility of ATR EMA and HMA lines Show Crossover Markers Shows directional triangle markers where ATR EMA and HMA cross Show Histogram Toggles the entire histogram display _______________________________________________________________ 📊 Histogram Component: Volatility Energy Profile The histogram shows how far the current ATR is from its moving average baseline, centered around zero. This lets you interpret volatility pressure—whether it's expanding, contracting, or preparing to reverse. To complement this, the indicator also plots the raw ATR line in aqua. This is the actual average true range value—used internally in both the histogram and ribbon calculations. By default, it appears as a slightly thicker line, providing a clear reference point for comparing historical volatility trends and absolute levels. Use the baseline ATR to: - Compare real-time volatility to previous peaks or troughs - Monitor how ATR behaves near histogram flips or ribbon crossovers - Evaluate volatility phases in absolute terms alongside relative momentum The ATR line is particularly helpful for users who want to keep tabs on raw volatility values while still benefiting from the enhanced visual storytelling of the histogram and ribbon systems. Each histogram bar is colored based on the rate of change (ROC) in ATR: The faster ATR rises or falls, the more intense the color. Meanwhile, the opacity of each bar is adjusted by the effort/result ratio of the price candle (body vs. range), showing how much price movement was achieved with conviction. Color Interpretation: 🔴 Red Strong volatility expansion Market entering or deepening into a volatility burst Seen during breakouts, panic moves, or macro shock events Often accompanied by large real candle bodies 🟠 Orange Moderate volatility expansion Heating up phase, often precedes breakouts Common in strong trending environments Signals tightening before acceleration 🟡 Yellow Mild volatility increase Transitional state—energy building, not yet exploding Appears in early trend development or pullbacks 🟢 Green Mild volatility contraction ATR cooling off Seen during consolidation, reversion, or range balance Good time to assess upcoming directional setups 🔵 Aqua Moderate compression Volatility is clearly declining Signals consolidation within larger structure Pre-breakout zones often form here 🔵 Deep Blue Strong volatility compression Market is coiling or dormant Can signal upcoming squeeze or fade environment Often followed by sharp expansion Opacity scaling: Brighter bars = efficient, directional price action (strong bodies) Faded bars = indecision, chop, absorption, or wick-heavy structure Together, color and opacity give a 2D view of market volatility: Hue = the type and direction of volatility Opacity = the quality and structure behind it Use this to gauge whether volatility is rising with conviction, fading into neutrality, or compressing toward breakout potential. _______________________________________________________________ 🪡 Ribbon Component: Volatility Rhythm Structure The ribbon overlays two moving averages of ATR: EMA (yellow) – faster, more reactive HMA (orange) – smoother, more rhythmic Their relationship creates the ribbon logic: Yellow fill (EMA > HMA) Short-term volatility is increasing faster than the longer-term rhythm Signals active expansion and engagement Orange fill (HMA > EMA) Volatility is decaying or leveling off Suggests possible exhaustion, pullback, or range Crossover triangle markers (optional, off by default to avoid clutter) identify the moment of shift in volatility phase. The ribbon reflects the  shape of volatility over time—ideal for mapping cyclical energy shifts, transitional states, and alignment between current and average volatility. _______________________________________________________________ 📐 Strategy Application Use the Asymmetric Turbulence Ribbon to: - Detect volatility expansions before breakouts or directional runs - Spot compression zones that precede structural ruptures - Visually separate efficient moves from noisy market activity - Confirm or fade trade setups based on underlying energy state - Track the volatility environment across multiple timeframes using the override _______________________________________________________________ 🎯 Ideal Timeframes Designed to function across all timeframes, but particularly powerful on intraday to daily ranges (1H to 1D) Use the timeframe override to anchor your chart in higher-timeframe volatility context, like daily ATR behavior influencing a 1H setup. _______________________________________________________________ 🧬 Customization Tips - Increase ATR ROC Lookback for smoother color transitions - Extend ATR Base Avg Length for more macro-driven histogram centering - Disable the histogram for ribbon-only rhythm view - Use opacity and color shifts in the histogram to detect stealth energy builds - Align ATR phases with structure or order flow tools for high-quality setups
Indicador Pine Script®
por TheLeadingIndicator
ATR Volatility RegimeATR Volatility Regime A volatility classification indicator that uses ATR (Average True Range) percentile ranking to identify LOW , NORMAL , HIGH , or EXTREME volatility conditions. Displayed as a separate pane oscillator (0–100 scale) with colored zones. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 💡 WHY THIS INDICATOR? Most volatility indicators show raw ATR — a number without context. Is ATR = 50 high or low? Depends on the asset and recent history. This indicator answers: "Is current volatility high or low for THIS asset, right now?" What it adds over standard ATR: Percentile context — Compares current ATR to its own history Regime classification — Actionable labels instead of raw numbers Visual zones — Instant read without interpretation Optional MTF — Lock to a fixed timeframe while viewing another Auto-adapts — Works on any asset without manual threshold tuning ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 📐 CORE CONCEPTS ATR (Average True Range) Measures volatility in price units — how much an asset typically moves per bar. Directionless (magnitude only, not direction). Calculation: True Range = the greatest of: High − Low (current bar's range) |High − Previous Close| (gap up captured) |Low − Previous Close| (gap down captured) ATR = Moving average of True Range over N bars (default: 14) Percentile Rank (Pctl) Answers: "What percentage of historical values is the current value greater than?" Pctl = 0% → Lowest ATR in lookback period (extreme compression) Pctl = 50% → Median ATR (typical volatility) Pctl = 100% → Highest ATR in lookback period (extreme expansion) ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 🎯 WHAT IT DOES Classifies current volatility into four regimes: LOW (< 25th percentile) — Compression, breakout likely brewing NORMAL (25th–50th percentile) — Typical market conditions HIGH (50th–75th percentile) — Elevated volatility, use caution EXTREME (> 75th percentile) — Rare expansion, tighten stops or stay flat ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 📊 DISPLAY COMPONENTS Oscillator Line (0–100) ATR percentile rank over time. Color matches regime: Blue = LOW Gray = NORMAL Orange = HIGH Red = EXTREME Zone Backgrounds Colored bands at threshold levels for instant visual reference. Status Label VOL — Current regime ATR — Raw ATR value (for stop sizing) Pctl — Percentile rank (0–100%) TF — Active timeframe (chart or fixed) ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 📈 HOW TO USE LOW Volatility (Pctl < 25%): Market compressed — "calm before the storm" Watch for breakout setups Pctl = 0% often precedes significant moves NORMAL Volatility (Pctl 25–50%): Typical conditions Standard position sizing and stops HIGH Volatility (Pctl 50–75%): Elevated movement — reduce size Widen stops to avoid noise EXTREME Volatility (Pctl > 75%): Rare, intense conditions Avoid new entries or tighten risk ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ ⚙️ SETTINGS ATR Settings: ATR Length (default: 14) — Period for ATR calculation Percentile Lookback (default: 100) — Bars for percentile ranking Timeframe: Use Fixed Timeframe (default: off) — Lock calculation to specific TF Fixed Timeframe (default: D) — TF to use when fixed mode enabled Thresholds: Low Threshold (default: 25) High Threshold (default: 50) Extreme Threshold (default: 75) Display: Show Zone Background — Toggle colored fills Show Status Label — Toggle info label ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 📋 SUGGESTED LOOKBACK BY ASSET Crypto — 100 bars (fast regime shifts) Stocks — 252 bars (one trading year) Forex — 100–150 bars Commodities — 150–200 bars (seasonal patterns) ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 🔔 ALERTS Vol → EXTREME Vol → HIGH Vol → LOW Vol exits HIGH ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 💡 PRACTICAL APPLICATIONS Stop-Loss Sizing: Use raw ATR for stops. Example: Stop = Entry − (1.5 × ATR) Position Sizing: Reduce size when percentile is HIGH or EXTREME. Entry Filtering: LOW regime = prepare for breakout EXTREME regime = avoid new entries ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 📝 NOTES Works on any timeframe — adapts to chart or locks to fixed TF ATR is non-directional — magnitude only Percentile auto-adapts to each asset's volatility profile Not a standalone signal — combine with trend/regime filters ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 🏷️ TAGS volatility, ATR, average-true-range, percentile, regime, risk-management, position-sizing, swing-trading, MTF
Indicador Pine Script®
por gokcenbuy
ATR Future Movement Range Projection The "ATR Future Movement Range Projection" is a custom TradingView Pine Script indicator designed to forecast potential price ranges for a stock (or any asset) over short-term (1-month) and medium-term (3-month) horizons. It leverages the Average True Range (ATR) as a measure of volatility to estimate how far the price might move, while incorporating recent momentum bias based on the proportion of bullish (green) vs. bearish (red) candles. This creates asymmetric projections: in bullish periods, the upside range is larger than the downside, and vice versa. The indicator is overlaid on the chart, plotting horizontal lines for the projected high and low prices for both timeframes. Additionally, it displays a small table in the top-right corner summarizing the projected prices and the percentage change required from the current close to reach them. This makes it useful for traders assessing potential targets, risk-reward ratios, or option strategies, as it combines volatility forecasting with directional sentiment. Key features: - **Volatility Basis**: Uses weekly ATR to derive a stable daily volatility estimate, avoiding noise from shorter timeframes. - **Momentum Adjustment**: Analyzes recent candle colors to tilt projections toward the prevailing trend (e.g., more upside if more green candles). - **Time Horizons**: Fixed at 1 month (21 trading days) and 3 months (63 trading days), assuming ~21 trading days per month (excluding weekends/holidays). - **User Adjustable**: The ATR length/lookback (default 50) can be tweaked via inputs. - **Visuals**: Green/lime lines for highs, red/orange for lows; a semi-transparent table for quick reference. - **Limitations**: This is a probabilistic projection based on historical volatility and momentum—it doesn't predict direction with certainty and assumes volatility persists. It ignores external factors like news, earnings, or market regimes. Best used on daily charts for stocks/ETFs. The indicator doesn't generate buy/sell signals but helps visualize "expected" ranges, similar to how implied volatility informs option pricing. ### How It Works Step-by-Step The script executes on each bar update (typically daily timeframe) and follows this logic: 1. **Input Configuration**: - ATR Length (Lookback): Default 50 bars. This controls both the ATR calculation period and the candle count window. You can adjust it in the indicator settings. 2. **Calculate Weekly ATR**: - Fetches the ATR from the weekly timeframe using `request.security` with a length of 50 weeks. - ATR measures average price range (high-low, adjusted for gaps), representing volatility. 3. **Derive Daily ATR**: - Divides the weekly ATR by 5 (approximating 5 trading days per week) to get an equivalent daily volatility estimate. - Example: If weekly ATR is $5, daily ATR ≈ $1. 4. **Define Projection Periods**: - 1 Month: 21 trading days. - 3 Months: 63 trading days (21 × 3). - These are hardcoded but based on standard trading calendar assumptions. 5. **Compute Base Projections**: - Base projection = Daily ATR × Days in period. - This gives the total expected movement (range) without direction: e.g., for 3 months, $1 daily ATR × 63 = $63 total range. 6. **Analyze Candle Momentum (Win Rate)**: - Counts green candles (close > open) and red candles (close < open) over the last 50 bars (ignores dojis where close == open). - Total colored candles = green + red. - Win rate = green / total colored (as a fraction, e.g., 0.7 for 70%). Defaults to 0.5 if no colored candles. - This acts as a simple momentum proxy: higher win rate implies bullish bias. 7. **Adjust Projections Asymmetrically**: - Upside projection = Base projection × Win rate. - Downside projection = Base projection × (1 - Win rate). - This skews the range: e.g., 70% win rate means 70% of the total range allocated to upside, 30% to downside. 8. **Calculate Projected Prices**: - High = Current close + Upside projection. - Low = Current close - Downside projection. - Done separately for 1M and 3M. 9. **Plot Lines**: - 3M High: Solid green line. - 3M Low: Solid red line. - 1M High: Dashed lime line. - 1M Low: Dashed orange line. - Lines extend horizontally from the current bar onward. 10. **Display Table**: - A 3-column table (Projection, Price, % Change) in the top-right. - Rows for 1M High/Low and 3M High/Low, color-coded. - % Change = ((Projected price - Close) / Close) × 100. - Updates dynamically with new data. The entire process repeats on each new bar, so projections evolve as volatility and momentum change. ### Examples Here are two hypothetical examples using the indicator on a daily chart. Assume it's applied to a stock like AAPL, but with made-up data for illustration. (In TradingView, you'd add the script to see real outputs.) #### Example 1: Bullish Scenario (High Win Rate) - Current Close: $150. - Weekly ATR (50 periods): $10 → Daily ATR: $10 / 5 = $2. - Last 50 Candles: 35 green, 15 red → Total colored: 50 → Win Rate: 35/50 = 0.7 (70%). - Base Projections: - 1M: $2 × 21 = $42. - 3M: $2 × 63 = $126. - Adjusted Projections: - 1M Upside: $42 × 0.7 = $29.4 → High: $150 + $29.4 = $179.4 (+19.6%). - 1M Downside: $42 × 0.3 = $12.6 → Low: $150 - $12.6 = $137.4 (-8.4%). - 3M Upside: $126 × 0.7 = $88.2 → High: $150 + $88.2 = $238.2 (+58.8%). - 3M Downside: $126 × 0.3 = $37.8 → Low: $150 - $37.8 = $112.2 (-25.2%). - On the Chart: Green/lime lines skewed higher; table shows bullish % changes (e.g., +58.8% for 3M high). - Interpretation: Suggests stronger potential upside due to recent bullish momentum; useful for call options or long positions. #### Example 2: Bearish Scenario (Low Win Rate) - Current Close: $50. - Weekly ATR (50 periods): $3 → Daily ATR: $3 / 5 = $0.6. - Last 50 Candles: 20 green, 30 red → Total colored: 50 → Win Rate: 20/50 = 0.4 (40%). - Base Projections: - 1M: $0.6 × 21 = $12.6. - 3M: $0.6 × 63 = $37.8. - Adjusted Projections: - 1M Upside: $12.6 × 0.4 = $5.04 → High: $50 + $5.04 = $55.04 (+10.1%). - 1M Downside: $12.6 × 0.6 = $7.56 → Low: $50 - $7.56 = $42.44 (-15.1%). - 3M Upside: $37.8 × 0.4 = $15.12 → High: $50 + $15.12 = $65.12 (+30.2%). - 3M Downside: $37.8 × 0.6 = $22.68 → Low: $50 - $22.68 = $27.32 (-45.4%). - On the Chart: Red/orange lines skewed lower; table highlights larger downside % (e.g., -45.4% for 3M low). - Interpretation: Indicates bearish risk; might prompt protective puts or short strategies. #### Example 3: Neutral Scenario (Balanced Win Rate) - Current Close: $100. - Weekly ATR: $5 → Daily ATR: $1. - Last 50 Candles: 25 green, 25 red → Win Rate: 0.5 (50%). - Projections become symmetric: - 1M: Base $21 → Upside/Downside $10.5 each → High $110.5 (+10.5%), Low $89.5 (-10.5%). - 3M: Base $63 → Upside/Downside $31.5 each → High $131.5 (+31.5%), Low $68.5 (-31.5%). - Interpretation: Pure volatility-based range, no directional bias—ideal for straddle options or range trading. In real use, test on historical data: e.g., if past projections captured actual moves ~68% of the time (1 standard deviation for ATR), it validates the volatility assumption. Adjust the lookback for different assets (shorter for volatile cryptos, longer for stable blue-chips).
Indicador Pine Script®
por QuantVault
ATR-InfoWHAT IT SHOWS - ATR (): Average True Range of the chosen timeframe, printed with the instrument’s native tick precision (format.mintick). - ATR % PRICE: ATR divided by the latest close, multiplied by 100 – the range as a percentage of current price. - LEN / TF: The ATR length and timeframe you selected (shown in small print). INPUTS - ATR Length (default 14) - ATR Timeframe (for example 60, D, W) - Design settings: table position, font size, colours, border EXAMPLES BTC-USD: price 67 800, ATR 2 450, ATR % 3.6 NQ E-Mini: price 18 230, ATR 355, ATR % 1.9 CL WTI: price 76.40, ATR 2.10, ATR % 2.8 EUR-USD: price 1.0860, ATR 0.0075, ATR % 0.69 USE CASES Volatility-adjusted stops: place your stop roughly one ATR beyond the entry price. Position sizing: money at risk divided by ATR gives the number of contracts or coins. Market selection: trade assets only when their ATR % sits in your preferred range. Strategy filter: trigger entries or exits only when ATR % crosses a chosen threshold. LIMITS ATR is descriptive; it does not predict future moves. Illiquid symbols may show exaggerated ATR spikes. ATR % ignores differing session lengths (24/7 crypto versus exchange-traded hours).
Indicador Pine Script®
por lou_fx
ATR Levels and Zones with Signals📌 ATR Levels and Zones with Signals – User Guide Description 🔹 Overview The ATR Levels and Zones with Signals indicator is a volatility-based trading tool that helps traders identify: ✔ Key support & resistance levels based on ATR (Average True Range) ✔ Buy & Sell signals triggered when price enters key ATR zones ✔ Breakout confirmations to detect high-momentum moves ✔ Dynamic Stop-Loss & Take-Profit suggestions Unlike traditional ATR bands, this indicator creates layered ATR zones based on multiple ATR multipliers, allowing traders to gauge volatility and risk-adjust their trading strategies. 🔹 How It Works 🔸 The script calculates a baseline SMA (Simple Moving Average) of the price. 🔸 ATR (Average True Range) is then used to create six dynamic price levels above & below the baseline. 🔸 These levels define different risk zones—higher levels indicate increased volatility and potential trend exhaustion. 📈 ATR Zones Explained 🔹 Lower ATR Levels (Buying Opportunities) 📉 Lower Level 1-2 → Mild Oversold Zone (Potential trend continuation) 📉 Lower Level 3-4 → High Volatility Buy Zone (Aggressive traders start scaling in) 📉 Lower Level 5-6 → Extreme Oversold Zone (High-Risk Reversal Area) 🔹 If price enters these lower zones, it may indicate a potential buying opportunity, especially if combined with trend reversal confirmation. 🔹 Upper ATR Levels (Selling / Take Profit Zones) 📈 Upper Level 1-2 → Mild Overbought Zone (Potential pullback area) 📈 Upper Level 3-4 → High Volatility Sell Zone (Aggressive traders start scaling out) 📈 Upper Level 5-6 → Extreme Overbought Zone (High-Risk for Reversal) 🔹 If price enters these upper zones, it may indicate a potential selling opportunity or trend exhaustion, especially if momentum slows. 🔹 Sensitivity Modes 🔹 Aggressive Mode (More Frequent Signals) → Triggers buy/sell signals at Lower/Upper Level 3 & 4 🔹 Conservative Mode (Stronger Confirmation) → Triggers buy/sell signals at Lower/Upper Level 5 & 6 📌 Choose the mode based on your trading style: ✔ Scalpers & short-term traders → Use Aggressive Mode ✔ Swing & trend traders → Use Conservative Mode for stronger confirmations 🚀 How to Use the Indicator 🔹 For Trend Trading: ✅ Buy when price enters the lower ATR zones (especially in uptrends). ✅ Sell when price enters the upper ATR zones (especially in downtrends). 🔹 For Breakout Trading: ✅ Breakout Buy: Price breaks above Upper ATR Level 3 → Momentum entry for trend continuation ✅ Breakout Sell: Price breaks below Lower ATR Level 3 → Momentum short opportunity 🔹 Stop-Loss & Take-Profit Suggestions 🚨 Stop-Loss: Suggested at Lower ATR Level 6 (for longs) or Upper ATR Level 6 (for shorts) 🎯 Take-Profit: Suggested at Upper ATR Level 3 (for longs) or Lower ATR Level 3 (for shorts) 🔹 Why This Indicator is Unique ✔ Multiple ATR layers for better risk-adjusted trading decisions ✔ Combines ATR-based zones with SMA trend confirmation ✔ Both aggressive & conservative trading modes available ✔ Includes automatic stop-loss & take-profit suggestions ✔ Breakout signals for momentum traders 📢 Final Notes ✅ Free & open-source for the TradingView community! ⚠ Risk Warning: Always confirm signals with other confluences (trend, volume, support/resistance) before trading. 📌 Developed by: Maddog Blewitt 📩 Feedback & improvements are welcome! 🚀
Indicador Pine Script®
por renderingnature1
ATR for Aggregated Bars (2 Bars)Range Bar ATR Indicator: Detailed Description and Usage Guide This script is a custom indicator designed specifically for Range Bar charts , tailored to help traders understand and navigate market conditions by utilizing the Average True Range (ATR) concept. The indicator adapts the traditional ATR to work effectively with Range Bar charts, where bars have a fixed range rather than being time-based. How It Works 1. ATR Calculation on Range Bars : - Unlike time-based charts, Range Bar charts focus on price movement within a fixed range. - The indicator calculates ATR by pairing consecutive bars, treating every two bars as a single unit . This pairing ensures that the ATR reflects price movement effectively on Range Bar charts. 2. Short and Long Period ATR Values : - The script displays two ATR values : - A short-period ATR , calculated over a smaller number of paired bars. - A long-period ATR , calculated over a larger number of paired bars. - These values provide a dynamic view of both recent and longer-term market volatility. Why Use This Indicator? The primary goal is to provide a meaningful adaptation of the ATR indicator for Range Bar charts, allowing traders to make informed decisions similar to using ATR on traditional time-based charts. Key Applications Determine a Better Custom Range : - Analyze the ATR values to choose an optimal range size for Range Bar charts, ensuring better alignment with market conditions. Assess Market Volatility : - Rising volatility : When the short-period ATR value is higher than the long-period value, it signals increasing volatility. - Decreasing volatility : When the short-period ATR value is lower, it indicates declining volatility. Risk and Stop Loss Management : - Use the higher ATR value (e.g., the long-period ATR) to calculate minimum stop loss levels. Multiply the ATR by 1.5 or 2 to set a safe buffer against market fluctuations. How to Use It 1. Add the script to a Range Bar chart. 2. Configure the short and long ATR periods to suit your trading style and preferences. 3. Observe the displayed ATR values: - Use these values to analyze market conditions and adapt your strategy accordingly. 4. Apply insights from the ATR values for: - Determining custom Range Bar settings. - Evaluating volatility trends. - Setting effective risk parameters like stop loss levels. Benefits - Provides a tailored ATR tool for Range Bar charts, addressing the unique challenges of fixed-range trading. - Offers both short-term and long-term perspectives on volatility. - Enhances decision-making for range settings, volatility analysis, and risk management. This indicator bridges the gap between traditional ATR indicators and the specific needs of Range Bar chart users, making it a versatile tool for traders.
Indicador Pine Script®
por rkdius
ATR Stop LinesATR Stop Lines Plots dynamic stop-loss levels on the price chart based on ATR (Average True Range). Optionally adjusts stop distance based on volatility regime. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 🎯 WHAT IT DOES Green line — Long stop (Close − ATR × multiplier) Red line — Short stop (Close + ATR × multiplier) Lines move with price and volatility. When regime-adjust is enabled, stop distance widens in high volatility and tightens in low volatility. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 📐 REGIME-ADJUSTED MULTIPLIERS When enabled, the multiplier auto-adjusts based on the ATR percentile: LOW (< 25th pctl) — 1.0× ATR — Tight stops, small moves expected NORMAL (25–50th pctl) — 1.5× ATR — Standard distance HIGH (50–75th pctl) — 2.0× ATR — Wider to avoid noise EXTREME (> 75th pctl) — 2.5× ATR — Widest, or skip the trade Disable regime-adjust to use a fixed multiplier for all conditions. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 📈 HOW TO USE Entry: Note stop line level when entering a trade. Set stop-loss at or beyond that level. Trailing: Move stop to new line level as price advances in your favor. Sizing: Wider stop = smaller position to maintain constant risk. Example: BTC Daily, ATR = \$2,000, Regime = HIGH (2.0×) Entry: \$50,000 → Long stop: \$46,000 / Short stop: \$54,000 ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 📊 STATUS LABEL VOL — Current regime (LOW / NORMAL / HIGH / EXTREME) ATR — Raw ATR value in price units Mult — Active multiplier Stop Dist — Current stop distance in price units ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ ⚙️ SETTINGS ATR Settings: ATR Length (default: 14) Percentile Lookback (default: 100) Timeframe: Use Fixed Timeframe — Lock to specific TF Fixed Timeframe (default: D) Stop Settings: Regime-Adjusted Multiplier — Toggle auto-adjust on/off Base ATR Multiplier — Used when regime-adjust is off LOW/NORMAL/HIGH/EXTREME Multipliers — Customize per regime Display: Show Long Stop / Show Short Stop Show Status Label Long/Short Stop Colors ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 🔔 ALERTS Vol → EXTREME Vol → LOW ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 💡 COMPANION INDICATOR Use with ATR Volatility Regime (separate pane) for full context: Pane indicator → percentile visualization, zone backgrounds This indicator → actionable stop levels on price chart Both use identical ATR/percentile logic and stay in sync. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 📝 NOTES Works on any timeframe Stops are dynamic — recalculate each bar Not a signal generator — use with your own entry logic ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 🏷️ TAGS ATR, stop-loss, volatility, risk-management, position-sizing, trailing-stop, swing-trading
Indicador Pine Script®
por gokcenbuy
ATR Regime Study [CHE] ATR Regime Study — ATR percentile regimes with clear bands, table and live label Summary This study classifies volatility into five regimes by converting ATR into a percentile rank over a rolling window, plotted on a standardized scale between zero and one hundred. Colored bands mark regime thresholds, while a compact table and an optional label report the current percentile and regime. The standardized scale makes symbols and timeframes easier to compare than raw ATR values. Implemented in Pine v6 as a separate pane (overlay set to false), it is a context tool to adapt tactics and risk handling to the prevailing volatility environment. Motivation: Why this design? Raw ATR varies with price scale and asset characteristics, which makes regime comparison inconsistent and leads to poor transfer of settings across symbols and timeframes. The core idea is to transform ATR into a percentile rank within a user-defined lookback, then map it into discrete regimes. This yields a stable, interpretable context signal that shifts slower than raw ATR while still responding to genuine volatility changes. What’s different vs. standard approaches? Reference baseline: Traditional ATR plots or ATR bands using fixed multipliers. Architecture differences: Percentile ranking of ATR within a rolling window. Five discrete regimes with fixed thresholds at ninety, seventy, thirty, and ten. Visual fills between thresholds plus a live table and a last-bar label. Practical effect: You read a single normalized line between zero and one hundred with consistent thresholds. This improves cross-asset comparison and makes regime shifts obvious at a glance. How it works (technical) The script computes ATR over a configurable length, then converts that series to a percentile rank over a configurable number of bars. The percentile is naturally scaled and limited between zero and one hundred. That value is mapped to one of five regimes: above ninety (Extreme), between seventy and ninety (Elevated), between thirty and seventy (Normal), between ten and thirty (Calm), and below ten (Squeeze). Horizontal guide lines mark the thresholds, and fills shade the regions. A table is created once and updated on each bar to show regime definitions and highlight the current row. An optional label on the last bar displays the current percentile and regime. No higher-timeframe requests are used, so repaint risk is limited to normal live-bar fluctuation until the bar closes. Parameter Guide ATR length — Effect: Controls how fast ATR reacts to new ranges. Default: fourteen. Trade-offs/Tips: Increase to reduce noise in choppy markets; decrease to react faster during regime changes. Percentile window (bars) — Effect: Number of bars used for the percentile ranking. Default: two hundred fifty-two. Trade-offs/Tips: Larger windows stabilize the percentile but slow adaptation after structural regime shifts; smaller windows adapt faster but may flip more often. Table › Show — Effect: Toggles the regime overview table. Default: enabled. Trade-offs/Tips: Disable on constrained layouts to reduce visual clutter. Table › Position — Effect: Anchors the table in a chart corner. Default: Top Right. Trade-offs/Tips: Choose a corner that avoids overlapping other panels or drawings. Label › Show — Effect: Toggles a last-bar label with current percentile and regime. Default: enabled. Trade-offs/Tips: Useful for quick reads; disable if it obscures other annotations. Reading & Interpretation The white line shows ATR percentile between zero and one hundred. Crossing above seventy signals an elevated volatility environment; above ninety indicates event-driven extremes. Between thirty and seventy represents typical conditions. Between ten and thirty indicates calm conditions that often suit mean reversion. Below ten reflects compression, where breakout probability often increases. The colored bands visually reinforce these ranges. The table summarizes regime definitions and highlights the current state. The last-bar label mirrors the current percentile and regime for quick inspection. Practical Workflows & Combinations Trend following: Prefer continuation tactics when the percentile holds in the Normal or Elevated bands and structure confirms higher highs and higher lows. Consider wider stops and partial position sizing as percentile rises. Mean reversion: Favor fades in Calm regimes within defined ranges; use structure filters and time-of-day constraints to avoid low-liquidity whipsaws. Breakout preparation: Track compressions below ten; plan entries only with structure confirmation and risk caps, since compressions can persist. Multi-asset/Multi-TF: Defaults travel well on daily charts. For intraday, reduce the percentile window to align with session dynamics. Combine with trend or market structure tools for confirmation. Behavior, Constraints & Performance Repaint/confirmation: The percentile updates during live bars and stabilizes on close; closed bars do not repaint. security/HTF: Not used. If you add higher-timeframe aggregation externally, account for standard repaint caveats. Resources: Declared maximum bars back is two thousand; limits for lines and labels are five hundred each. A short loop updates the table rows; arrays are used for table content only. Known limits: Regime boundaries are fixed; assets with persistent volatility shifts may require window retuning. Low-liquidity periods and gaps can produce abrupt percentile changes. ATR is direction-agnostic and should be paired with trend or structure context. Sensible Defaults & Quick Tuning Start with ATR length fourteen and percentile window two hundred fifty-two on daily charts. Too many flips: Increase ATR length or increase the percentile window. Too sluggish: Decrease the percentile window or reduce ATR length. Intraday noise: Keep ATR length moderate and reduce the window to a session-appropriate size; optionally hide the label to declutter. Compressed markets: Maintain defaults but rely more on structure and volume filters before acting. What this indicator is—and isn’t This is a volatility regime context layer that standardizes ATR into interpretable regimes. It is not a complete trading system, not predictive, and not a stand-alone entry signal. Use it alongside structure analysis, confirmation tools, and disciplined risk management. Disclaimer The content provided, including all code and materials, is strictly for educational and informational purposes only. It is not intended as, and should not be interpreted as, financial advice, a recommendation to buy or sell any financial instrument, or an offer of any financial product or service. All strategies, tools, and examples discussed are provided for illustrative purposes to demonstrate coding techniques and the functionality of Pine Script within a trading context. Any results from strategies or tools provided are hypothetical, and past performance is not indicative of future results. Trading and investing involve high risk, including the potential loss of principal, and may not be suitable for all individuals. Before making any trading decisions, please consult with a qualified financial professional to understand the risks involved. By using this script, you acknowledge and agree that any trading decisions are made solely at your discretion and risk. Best regards and happy trading Chervolino
Indicador Pine Script®
por chervolino
+ ATR Table and BracketsHi, all. I'm back with a new indicator—one I firmly believe could be one of the most valuable indicators you keep in your indicator toolshed—based around true range. This is a simple, streamlined indicator utilizing true range and average true range that will help any trader with stoploss, trailing stoploss, and take-profit placement—things that I know many traders use average true range for. It could also be useful for trade entries as well, depending on the trader's style. Typically, most traders (or at least what I've seen recommended across websites, video tutorials on YouTube, etc.) are taught to simply take the ATR number and use that, and possibly some sort of multiplier, as your stoploss and take-profit. This is fine, but I thought that it might be possible to dive a bit deeper into these values. Because an average is a combination of values, some higher, some lower, and we often see ATR spikes during periods of high volatility, I thought wouldn't it be useful to know what value those ATR spikes are, and how do they relate to the ATR? Then I thought to myself, well, what about the most volatile candle within that ATR (the candle with the greatest true range)? Couldn't knowing that value be useful to a trader? So then the idea of a table displaying these values, along with the ATR and the ATR times some multiplier number, would be a useful, simple way to display this information. That's what we have here. The table is made up of two columns, one with the name of the metric being measured, and the other with its value. That's it. Simple. As nice as this was, I thought an additional, great, and perhaps better, way to visualize this information would be in the form of brackets extending from the current bar. These are simply lines/labels plotted at the price values of the ATR, ATR times X, highest ATR, highest ATR times X, and highest TR value. These labels supply the actual values of the ATR, etc., but may also display the price if you should choose (both of these values are toggleable in the 'Inputs' section of the indicator.). Additionally, you can choose to display none of these labels, or all five if you wish (leaves the chart a bit cluttered, as shown in the image below), though I suspect you'll determine your preferences for which information you'd like to see and which not. Chart with all five lines/labels displayed. I adjusted the ATRX value to 3 just to make the screenshot as legible as possible. Default is set to 1.5. As you can see, the label doesn't show the multiplier number, but the table does. Here's a screenshot of the labels showing the price in addition to the value of the ATR, set to "Previous Closing Price," (see next paragraph for what that means) and highest TR. Personally, I don't see the value in the displaying the price, but I thought some people might want that. It's not available in the table as of now, but perhaps if I get enough requests for it I will add it. That's basically it, but one last detail I need to go over is the dropdown box labeled "Bar Value ATR Levels are Oriented To." Firstly, this has no effect on Highest ATR, Highest ATRX, and Highest TR levels. Those are based on the ATR up to the last closed candle, meaning they aren't including the value of the currently open candle (this would be useless). However, knowing that different traders trade different ways it seemed to me prudent to allow for traders to select which opening or closing value the trader wishes to have the ATR brackets based on. For example, as someone who has consumed much No Nonsense Forex content I know that traders are urged to enter their trades in the last fifteen minutes of the trading day because the ATR is unlikely to change significantly in that period (ATR being the centerpiece of NNFX money management), so one of three selections here is to plot the brackets based on the ATR's inclusion of this value (this of course means the brackets will move while the candle is still open). The other options are to set the brackets to the current opening price, or the previous closing price. Depending on what you're trading many times these prices are virtually identical, but sometimes price gaps (stocks in particular), so, wanting your brackets placed relative to the previous close as opposed to the current open might be preferable for some traders. And that's it. I really hope you guys like this indicator. I haven't seen anything closely similar to it on TradingView, and I think it will be something you all will find incredibly handy. Please enjoy!
Indicador Pine Script®
por ClassicScott
4