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Daily ATR Range Lines x SmartBlackGirl
📊 Daily ATR Range Lines – Project High/Low Targets with Precision
The Daily ATR Range Lines indicator uses the Average True Range (ATR) to project potential high and low price targets for the trading day. These levels reset daily and give traders a statistically based expectation of how far price is likely to move — perfect for intraday decision-making.
🔍 What It Does
Plots daily upper and lower target lines based on a multiple of the ATR (default: 1x ATR).
Levels are calculated after the first 15 minutes of market open to establish direction and volatility.
Highlights realistic price movement boundaries, helping traders identify take-profit or fade zones.
✅ Why Use It
Sets expectations for the day’s range — no more guessing how far price might go.
Helps avoid chasing trades late in the move by showing when price is already extended.
Great for scalping, options trading, or setting realistic price targets.
Can act as support/resistance zones throughout the day.
⚙️ Best Used With
Momentum strategies
Combine with volume confirmation or directional filters to increase accuracy.
Works best on 5-minute or 15-minute charts for intraday traders.
The Daily ATR Range Lines indicator uses the Average True Range (ATR) to project potential high and low price targets for the trading day. These levels reset daily and give traders a statistically based expectation of how far price is likely to move — perfect for intraday decision-making.
🔍 What It Does
Plots daily upper and lower target lines based on a multiple of the ATR (default: 1x ATR).
Levels are calculated after the first 15 minutes of market open to establish direction and volatility.
Highlights realistic price movement boundaries, helping traders identify take-profit or fade zones.
✅ Why Use It
Sets expectations for the day’s range — no more guessing how far price might go.
Helps avoid chasing trades late in the move by showing when price is already extended.
Great for scalping, options trading, or setting realistic price targets.
Can act as support/resistance zones throughout the day.
⚙️ Best Used With
Momentum strategies
Combine with volume confirmation or directional filters to increase accuracy.
Works best on 5-minute or 15-minute charts for intraday traders.
受保护脚本
此脚本以闭源形式发布。 但是，您可以自由使用它，没有任何限制 — 在此处了解更多信息。
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。
受保护脚本
此脚本以闭源形式发布。 但是，您可以自由使用它，没有任何限制 — 在此处了解更多信息。
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。