OPEN-SOURCE SCRIPT

ATR Multiples Plotted

Telah dikemas kini
Inspired by @jeffsuntrading and @Fred6724's ATR% multiple from 50-MA.

There are no catch-all values, however a high of 6 and a low of -4 generally has been valuable to me. I tend to look at the historical highs and lows of the indicator, and adjust the Value High and Value Low accordingly to get an idea when profit-taking may be sensible.

The essence is the difference between price and the selected moving average, measured in ATRs.
Nota Keluaran
Added custom ATR Length
Nota Keluaran
Added optional 0-line
Nota Keluaran
Tidied and clarified some of the code.

--Currently working on an 'Adaptive Mode', which will calculate and plot the upper and lower values based on the selected average's historical turning points
Nota Keluaran
Added quick reference table to show the dollar value of your chosen Value High and it's upside percentage.

Comes in handy when scanning or evaluating Pre/Post-Market moves. See ATRx6 value and AMZN pre-market value of ~$170 on 02/02/2024 for example.
Nota Keluaran
Chart
Nota Keluaran
Added option to allow percentage based calculations, which is how Jeff Sun's indicator is calculated.

Some changes and clarification to the table, see the tooltips for guidance.
Nota Keluaran
Chart update
Nota Keluaran
Fixed typos in table
Nota Keluaran
Updated to Pine v6
Average True Range (ATR)Cyclesforecasting

Skrip sumber terbuka

Dalam semangat sebenar TradingView, penulis telah menerbitkan kod Pine ini sebagai sumber terbuka supaya pedagang dapat memahami dan mengesahkannya. Sorakan kepada penulis! Anda boleh menggunakan perpustakaan ini secara percuma, tetapi penggunaan semula kod dalam penerbitan ini adalah dikawal oleh Peraturan dalaman. Anda boleh menyukainya untuk menggunakannya pada carta.

Ingin menggunakan skrip ini pada carta?

Penafian