OPEN-SOURCE SCRIPT
已更新 ATR Daily Levels Band Nakitxu
Average True Range
What Is the Average True Range (ATR)?
The average true range (ATR) is a technical analysis indicator, that measures market volatility by decomposing the entire range of an asset price for that period.
The true range indicator is taken as the greatest of the following: current high less the current low; the absolute value of the current high less the previous close; and the absolute value of the current low less the previous close.
The ATR is then a moving average, generally using 14 days, of the true ranges.
This script is an especial request of a TradingView user.
Shows 5 levels based on ATR daily, plotted in wherever timeframe you are using:
level 1: prv day ATR + prv day close
level 2: prv day ATR + prv day high
level 3: level 2 - prv day ATR
level 4: prv day close - prv day ATR
level 5: prv day low - prv day
Only show the levels if you are in a timeframe daily or lower than daily.
What Is the Average True Range (ATR)?
The average true range (ATR) is a technical analysis indicator, that measures market volatility by decomposing the entire range of an asset price for that period.
The true range indicator is taken as the greatest of the following: current high less the current low; the absolute value of the current high less the previous close; and the absolute value of the current low less the previous close.
The ATR is then a moving average, generally using 14 days, of the true ranges.
This script is an especial request of a TradingView user.
Shows 5 levels based on ATR daily, plotted in wherever timeframe you are using:
level 1: prv day ATR + prv day close
level 2: prv day ATR + prv day high
level 3: level 2 - prv day ATR
level 4: prv day close - prv day ATR
level 5: prv day low - prv day
Only show the levels if you are in a timeframe daily or lower than daily.
版本注释
- Converted to Pine Script Version 5- Added 2 fills (as requested by a user of the indicator), one between L1 level and daily open, other between L4 and daily open
版本注释
- Changed the fills, to "halfway"版本注释
Added Level 6 plot: current day open开源脚本
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Hodl!
免责声明
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.
开源脚本
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Hodl!
免责声明
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.