OPEN-SOURCE SCRIPT
True Range & ATR
Description: This indicator plots both the True Range (TR) and the Average True Range (ATR) in a separate pane below the main chart.
- TR represents the absolute price movement range within each candle.
- ATR is a smoothed version of TR over a user-defined period (default: 14), providing insight into market volatility.
- TR is displayed as a histogram for a clearer view of individual candle ranges.
- ATR is plotted as a line to show the smoothed trend of volatility.
This indicator helps traders assess market volatility and potential price movements.
- TR represents the absolute price movement range within each candle.
- ATR is a smoothed version of TR over a user-defined period (default: 14), providing insight into market volatility.
- TR is displayed as a histogram for a clearer view of individual candle ranges.
- ATR is plotted as a line to show the smoothed trend of volatility.
This indicator helps traders assess market volatility and potential price movements.
开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。