OPEN-SOURCE SCRIPT

Advanced Volatility Profile + ATR Heatmap

📊 Advanced Volatility Analysis Tool combining ATR profiles and heatmap visualization
Key Features:

Volatility Range Profile showing high/low volatility zones
Dynamic heatmap overlay highlighting significant volatility areas
Custom distribution line for trend visualization
Volatility dips and peaks identification
Real-time ATR (Average True Range) tracking

Settings Include:

Customizable lookback period (up to 5000 bars)
Adjustable volatility thresholds
Flexible visualization controls
Color-customizable profiles and heatmap
Profile width and position adjustment

Perfect For:

Identifying key volatility zones
Finding potential support/resistance areas
Analyzing market volatility patterns
Setting strategic entry/exit points
Risk management and position sizing

Alerts:

Volatility breakout notifications
Threshold crossing alerts
Custom volatility pattern detection

💡 Pro Tip: Adjust the lookback length and volatility thresholds to match your trading timeframe for optimal results.
🎨 Fully customizable colors and display options to match your chart setup.
Upgrade from standard volatility indicators with enhanced visual analysis and practical trading applications.
[Version 1.0]
Average True Range (ATR)Historical VolatilityVolume Profile

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