ATR Value on Chart

Hi Friends & TradingView community.

Greetings to you.

Many traders use ATR to set Stop loss.

The built in ATR indicator plots the ATR values as a line. However, many traders do not want the ATR to be plotted on their charts, but are only interested in the ATR value as such.

This script does that - it just prints the latest ATR with your set Multiplier value on the chart. I have used the built-in ATR indicator and made necessary additions to the code.

I hope this script proves useful to traders.

Queries / feedback welcome.

All the best.

Release Notes: The chart is updated to show where the ATR value is displayed.
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Want to use this script on a chart?
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Very good, thanks a lot!