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ATR vs Gain/Loss Ratio_By Rao_GS (with TR (RSI) Confirmation)
Description: ATR vs Gain/Loss Ratio_By Rao_GS (with TR (RSI) Confirmation)
🔍 Overview
The ATR vs Gain/Loss Ratio indicator by Rao_GS is a volatility-driven momentum tool designed to detect strong directional shifts confirmed by the relationship between Average True Range (ATR) and the average Gain/Loss ratios.
It helps identify points where volatility expansion aligns with momentum reversal — providing high-probability BUY and SELL zones.
⚙️ Core Logic
ATR (Average True Range):
Measures volatility using the range between high and low prices.
Gain/Loss Averages:
Calculates the average of positive (gain) and negative (loss) movements over a user-defined period.
ATR Ratios:
ATR / Avg Gain and ATR / Avg Loss create two oscillating curves.
Crossover Detection:
Buy Signal → When the ATR/Gain ratio crosses above the ATR/Loss ratio during high volatility.
Sell Signal → When the ATR/Gain ratio crosses below the ATR/Loss ratio during high volatility.
Volatility Confirmation (TR Filter):
The True Range (TR) must be at least a certain multiple of ATR (default 1.1×) to confirm genuine market momentum.
🎯 Signals
🟢 BUY:
Occurs when bullish momentum strengthens (ATR/Gain > ATR/Loss) and volatility confirms the move.
🔴 SELL:
Occurs when bearish momentum dominates (ATR/Loss > ATR/Gain) under heightened volatility.
Background color highlights active signal zones:
Light Green → Confirmed BUY zone
Light Red → Confirmed SELL zone
📈 Visualization
Lime Line: ATR/Gain ratio
Red Line: ATR/Loss ratio
Triangles:
🟢 Up triangle → Buy
🔴 Down triangle → Sell
This design allows traders to see both volatility shifts and momentum transitions together on a single overlay chart.
🔍 Overview
The ATR vs Gain/Loss Ratio indicator by Rao_GS is a volatility-driven momentum tool designed to detect strong directional shifts confirmed by the relationship between Average True Range (ATR) and the average Gain/Loss ratios.
It helps identify points where volatility expansion aligns with momentum reversal — providing high-probability BUY and SELL zones.
⚙️ Core Logic
ATR (Average True Range):
Measures volatility using the range between high and low prices.
Gain/Loss Averages:
Calculates the average of positive (gain) and negative (loss) movements over a user-defined period.
ATR Ratios:
ATR / Avg Gain and ATR / Avg Loss create two oscillating curves.
Crossover Detection:
Buy Signal → When the ATR/Gain ratio crosses above the ATR/Loss ratio during high volatility.
Sell Signal → When the ATR/Gain ratio crosses below the ATR/Loss ratio during high volatility.
Volatility Confirmation (TR Filter):
The True Range (TR) must be at least a certain multiple of ATR (default 1.1×) to confirm genuine market momentum.
🎯 Signals
🟢 BUY:
Occurs when bullish momentum strengthens (ATR/Gain > ATR/Loss) and volatility confirms the move.
🔴 SELL:
Occurs when bearish momentum dominates (ATR/Loss > ATR/Gain) under heightened volatility.
Background color highlights active signal zones:
Light Green → Confirmed BUY zone
Light Red → Confirmed SELL zone
📈 Visualization
Lime Line: ATR/Gain ratio
Red Line: ATR/Loss ratio
Triangles:
🟢 Up triangle → Buy
🔴 Down triangle → Sell
This design allows traders to see both volatility shifts and momentum transitions together on a single overlay chart.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya dengan percuma dan tanpa had – ketahui lebih lanjut di sini.
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 dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya dengan percuma dan tanpa had – ketahui lebih lanjut di sini.
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.