OPEN-SOURCE SCRIPT
Ripster: DTR/ATR + SMA Div + RVOL
🧭 Overview
The indicator combines three major analytical tools into one TradingView Pine v6 script — designed for clean, at-a-glance insight into range, divergence, and volume activity.
It shows:
DTR vs ATR Table – current Daily True Range compared to Average True Range.
SMA Price Divergence + EMA Signal – a histogram with color-coded momentum bands.
RVOL Table + Candle Coloring + Change Labels – relative-volume analysis with visual cues on the chart.
Short title: ripcombo
Runs on chart overlay (no separate pane).
📊 1. DTR vs ATR Table
Compares today’s price range (High-Low) to the average true range over a selectable length.
Supports multiple smoothing methods: EMA, RMA, SMA, WMA.
Table position and text size are configurable.
Color logic:
🟢 ≤ 70 % of ATR → low volatility
🟡 70–90 % → average
🔴 ≥ 90 % → expanded range
📈 2. SMA Divergence + EMA Signal
Computes fast (14 SMA) and slow (30 SMA) divergences of price.
Plots two histograms plus an EMA signal line of the slow divergence.
Visuals:
Columns shaded by transparency for clarity.
Rising EMA → lime line (up momentum).
Falling EMA → red line (down momentum).
Optional upper/lower bands and zero line provide quick overbought/oversold zones.
🔥 3. RVOL (Relative Volume)
Adds powerful volume-based context:
a. Table Display
Shows:
Candle Volume
RVOL (Now)
RVOL (Prev)
Δ RVOL (change Now − Prev)
Colors:
🔴 > 200 % (very high volume)
🟠 100–200 % (high volume)
🟡 < 100 % (normal/low volume)
Δ column is green ▲ for increase, red ▼ for decrease.
b. Candle Coloring (optional)
Colors price candles themselves by current RVOL threshold so high-volume candles visually stand out.
c. Last-Bar Label (optional)
Prints a compact label on the latest candle showing:
RVOL: ### % Δ: ▲/▼## %
so you can instantly see the current volume strength and how it changed from the previous bar.
⚙️ User Settings
All major elements are toggle-controlled:
Enable/disable ATR, Divergence, or RVOL sections.
Choose table positions (top/middle/bottom × left/center/right).
Select text sizes, smoothing types, color modes, and visual transparency.
Candle coloring + label visibility are optional.
🧠 At a Glance
Component Purpose Key Visuals
DTR vs ATR Measures volatility expansion One-cell colored table
SMA Divergence Detects price momentum shifts Columns + EMA line + bands
RVOL Analysis Highlights unusual trading volume Colored table + Δ column + candle colors + label
✅ Result
You get a single on-chart tool that:
Quantifies volatility, momentum, and volume context together.
Highlights strong activity days (ATR & RVOL) in color.
Shows whether current candle’s volume is rising or falling vs the previous.
Perfect for spotting breakouts, reversals, or exhaustion moves without switching indicators.
The indicator combines three major analytical tools into one TradingView Pine v6 script — designed for clean, at-a-glance insight into range, divergence, and volume activity.
It shows:
DTR vs ATR Table – current Daily True Range compared to Average True Range.
SMA Price Divergence + EMA Signal – a histogram with color-coded momentum bands.
RVOL Table + Candle Coloring + Change Labels – relative-volume analysis with visual cues on the chart.
Short title: ripcombo
Runs on chart overlay (no separate pane).
📊 1. DTR vs ATR Table
Compares today’s price range (High-Low) to the average true range over a selectable length.
Supports multiple smoothing methods: EMA, RMA, SMA, WMA.
Table position and text size are configurable.
Color logic:
🟢 ≤ 70 % of ATR → low volatility
🟡 70–90 % → average
🔴 ≥ 90 % → expanded range
📈 2. SMA Divergence + EMA Signal
Computes fast (14 SMA) and slow (30 SMA) divergences of price.
Plots two histograms plus an EMA signal line of the slow divergence.
Visuals:
Columns shaded by transparency for clarity.
Rising EMA → lime line (up momentum).
Falling EMA → red line (down momentum).
Optional upper/lower bands and zero line provide quick overbought/oversold zones.
🔥 3. RVOL (Relative Volume)
Adds powerful volume-based context:
a. Table Display
Shows:
Candle Volume
RVOL (Now)
RVOL (Prev)
Δ RVOL (change Now − Prev)
Colors:
🔴 > 200 % (very high volume)
🟠 100–200 % (high volume)
🟡 < 100 % (normal/low volume)
Δ column is green ▲ for increase, red ▼ for decrease.
b. Candle Coloring (optional)
Colors price candles themselves by current RVOL threshold so high-volume candles visually stand out.
c. Last-Bar Label (optional)
Prints a compact label on the latest candle showing:
RVOL: ### % Δ: ▲/▼## %
so you can instantly see the current volume strength and how it changed from the previous bar.
⚙️ User Settings
All major elements are toggle-controlled:
Enable/disable ATR, Divergence, or RVOL sections.
Choose table positions (top/middle/bottom × left/center/right).
Select text sizes, smoothing types, color modes, and visual transparency.
Candle coloring + label visibility are optional.
🧠 At a Glance
Component Purpose Key Visuals
DTR vs ATR Measures volatility expansion One-cell colored table
SMA Divergence Detects price momentum shifts Columns + EMA line + bands
RVOL Analysis Highlights unusual trading volume Colored table + Δ column + candle colors + label
✅ Result
You get a single on-chart tool that:
Quantifies volatility, momentum, and volume context together.
Highlights strong activity days (ATR & RVOL) in color.
Shows whether current candle’s volume is rising or falling vs the previous.
Perfect for spotting breakouts, reversals, or exhaustion moves without switching indicators.
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。