OPEN-SOURCE SCRIPT
ATR - Zakres mocy zmienności
ATR - Volatility Strength Indicator
Description
Analytical tool using Average True Range (ATR) to identify optimal volatility conditions for trading strategies. Visualizes three key market volatility zones.
Key Features
- ATR chart with automatic coloring
- Threshold lines (min/max)
- Zone fillings:
- Red - "Dead Zone" (too low volatility)
- Gray - "Sweet Spot" (optimal volatility)
- Information panel with current values
Trading Application
1. Too low volatility (below MIN):
- Price often moves sideways
- Low probability of strong momentum
- "Don't trade - market is sleeping"
2. Optimal volatility (between MIN-MAX):
- Perfect conditions for scalping
- Price movements have adequate range
- "Trader's goldilocks zone"
3. Extreme volatility (above MAX):
- Market may be overextended
- High risk of violent reversals
- "Watch your stop loss - extreme conditions"
Configuration Parameters
| Parameter | Default Value | Description |
|----------|------------------|------|
| ATR Period | 14 | Calculation period length |
| Min Volatility | 20 | Lower useful volatility threshold |
| Max Volatility | 50 | Upper safe volatility limit |
Why It Works
The indicator helps avoid:
✔️ Trading in flat markets (no momentum)
✔️ Positions during extreme conditions (risk of loss)
✔️ Directionless trading
Recommended For:
- Scalpers (5M-15M)
- Day Traders (1H-4H)
- Volatility-based strategies
Pro Tips:
1. For Forex (EURUSD):
- MIN=15-25, MAX=40-60
- Works best on 15M/1H
2. For Stocks/Indices:
- Increase MAX by 20-30%
- Check D1 ATR for context
3. For Cryptocurrencies:
- Use shorter period (7-10)
- Raise thresholds by 50-100%
NOTE: Always adjust default values to:
- Your strategy
- Trading instrument
- Timeframe
PRO TIP: For crypto, reduce ATR period to 7-10 due to higher volatility!
Key improvements:
1. Maintained all formatting tags
2. Translated trading concepts accurately
3. Kept the same structure for consistency
4. Added proper emphasis for warnings/tips
5. Used trader-friendly terminology
Description
Analytical tool using Average True Range (ATR) to identify optimal volatility conditions for trading strategies. Visualizes three key market volatility zones.
Key Features
- ATR chart with automatic coloring
- Threshold lines (min/max)
- Zone fillings:
- Red - "Dead Zone" (too low volatility)
- Gray - "Sweet Spot" (optimal volatility)
- Information panel with current values
Trading Application
1. Too low volatility (below MIN):
- Price often moves sideways
- Low probability of strong momentum
- "Don't trade - market is sleeping"
2. Optimal volatility (between MIN-MAX):
- Perfect conditions for scalping
- Price movements have adequate range
- "Trader's goldilocks zone"
3. Extreme volatility (above MAX):
- Market may be overextended
- High risk of violent reversals
- "Watch your stop loss - extreme conditions"
Configuration Parameters
| Parameter | Default Value | Description |
|----------|------------------|------|
| ATR Period | 14 | Calculation period length |
| Min Volatility | 20 | Lower useful volatility threshold |
| Max Volatility | 50 | Upper safe volatility limit |
Why It Works
The indicator helps avoid:
✔️ Trading in flat markets (no momentum)
✔️ Positions during extreme conditions (risk of loss)
✔️ Directionless trading
Recommended For:
- Scalpers (5M-15M)
- Day Traders (1H-4H)
- Volatility-based strategies
Pro Tips:
1. For Forex (EURUSD):
- MIN=15-25, MAX=40-60
- Works best on 15M/1H
2. For Stocks/Indices:
- Increase MAX by 20-30%
- Check D1 ATR for context
3. For Cryptocurrencies:
- Use shorter period (7-10)
- Raise thresholds by 50-100%
NOTE: Always adjust default values to:
- Your strategy
- Trading instrument
- Timeframe
PRO TIP: For crypto, reduce ATR period to 7-10 due to higher volatility!
Key improvements:
1. Maintained all formatting tags
2. Translated trading concepts accurately
3. Kept the same structure for consistency
4. Added proper emphasis for warnings/tips
5. Used trader-friendly terminology
Skrip sumber terbuka
Dalam semangat sebenar TradingView, pencipta skrip ini telah menjadikannya sumber terbuka supaya pedagang dapat menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupun anda boleh menggunakannya secara percuma, ingat bahawa menerbitkan semula kod ini adalah tertakluk kepada Peraturan Dalaman kami.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Skrip sumber terbuka
Dalam semangat sebenar TradingView, pencipta skrip ini telah menjadikannya sumber terbuka supaya pedagang dapat menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupun anda boleh menggunakannya secara percuma, ingat bahawa menerbitkan semula kod ini adalah tertakluk kepada Peraturan Dalaman kami.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.