ATR is calculated based on the selected smoothing method (RMA, SMA, or EMA). The ATR line changes color dynamically based on whether it is above or below the user-defined threshold. A horizontal dotted line marks the threshold level.
RSI Indicator:
RSI is calculated with the chosen smoothing method (SMA or EMA). The line changes color dynamically based on its value relative to the four user-defined levels. Includes a middle line (default: 50) to show the neutral RSI zone, displayed as a dashed line.
Custom Timeframes:
Both ATR and RSI can be configured to use the chart’s current timeframe or any custom interval.
How to Use: Input Parameters: Adjust ATR and RSI calculation settings, thresholds, levels, and colors in the input menu. Visualization: Observe ATR and RSI together on one chart with distinct colors and levels. Analysis: Use this combined indicator to identify volatility (ATR) and momentum (RSI) at the same time.