OPEN-SOURCE SCRIPT
ATR Regime Filter (median & P70)
ATR Regime Filter (Median & P70)
Purpose
Filter your signals by the volatility regime. The indicator compares the current ATR to two rolling statistical thresholds—the median (P50) and the 70th percentile (P70)—to avoid trading during quiet phases and prioritize setups when the market “breathes.”
How it works
Computes ATR(14) on a user-defined source timeframe (srcTF) via request.security.
Converts a target window in days (days) into bars of the source TF.
Due to Pine limits, the effective window is capped at 5000 bars (shown in an optional label).
Calculates Median (P50) and P70 of ATR over the effective window.
Exposes two booleans:
ATR > Median (normal-to-elevated volatility)
ATR > P70 (elevated volatility)
Display
Plots: ATR, Median, P70.
Panel background (bgcolor):
light green when ATR > P70
teal when ATR > Median
neutral otherwise
Optional label: shows source TF, effective window size (bars & days), and the boolean states.
Inputs
ATR length (default 14)
TF source ATR (srcTF, e.g., “1”, “5”, “15”)
Target window (days) (days, default 20)
Show label (bool)
Suggested use
Breakout/Momentum: require ATR > P70 in addition to your breakout conditions (close beyond level, volume, retest).
Range/Mean reversion: at minimum require ATR > Median.
In strategies, use ATR > Median/P70 as a filter alongside price structure, volume, and EMAs.
Limitations
On very short source TFs (e.g., 1-min), the window may be clipped to 5000 bars (~3.5 days). Increase srcTF (5m/15m) if you want a true 15–30 day history.
ATR measures magnitude, not direction—combine with trend/structure signals.
Purpose
Filter your signals by the volatility regime. The indicator compares the current ATR to two rolling statistical thresholds—the median (P50) and the 70th percentile (P70)—to avoid trading during quiet phases and prioritize setups when the market “breathes.”
How it works
Computes ATR(14) on a user-defined source timeframe (srcTF) via request.security.
Converts a target window in days (days) into bars of the source TF.
Due to Pine limits, the effective window is capped at 5000 bars (shown in an optional label).
Calculates Median (P50) and P70 of ATR over the effective window.
Exposes two booleans:
ATR > Median (normal-to-elevated volatility)
ATR > P70 (elevated volatility)
Display
Plots: ATR, Median, P70.
Panel background (bgcolor):
light green when ATR > P70
teal when ATR > Median
neutral otherwise
Optional label: shows source TF, effective window size (bars & days), and the boolean states.
Inputs
ATR length (default 14)
TF source ATR (srcTF, e.g., “1”, “5”, “15”)
Target window (days) (days, default 20)
Show label (bool)
Suggested use
Breakout/Momentum: require ATR > P70 in addition to your breakout conditions (close beyond level, volume, retest).
Range/Mean reversion: at minimum require ATR > Median.
In strategies, use ATR > Median/P70 as a filter alongside price structure, volume, and EMAs.
Limitations
On very short source TFs (e.g., 1-min), the window may be clipped to 5000 bars (~3.5 days). Increase srcTF (5m/15m) if you want a true 15–30 day history.
ATR measures magnitude, not direction—combine with trend/structure signals.
开源脚本
本着TradingView的真正精神，此脚本的创建者将其开源，以便交易者可以查看和验证其功能。向作者致敬！虽然您可以免费使用它，但请记住，重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
开源脚本
本着TradingView的真正精神，此脚本的创建者将其开源，以便交易者可以查看和验证其功能。向作者致敬！虽然您可以免费使用它，但请记住，重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。