PROTECTED SOURCE SCRIPT
Updated ATR Compression/expansion
The indicator is used to gauge the short term volatility of the instrument relative to its long term volatility.
The green columns of histogram represent lower short term volatility relative to long term, whereas Red columns of histogram represent Higher short term volatility relative to long term.
Higher the bar higher the strength of the signal.
This indicator is inspired by Matt Caruso's(Canslim Champion investor) chat on Richard Moglen's(Champion trading youtuber) podcast.
The green columns of histogram represent lower short term volatility relative to long term, whereas Red columns of histogram represent Higher short term volatility relative to long term.
Higher the bar higher the strength of the signal.
This indicator is inspired by Matt Caruso's(Canslim Champion investor) chat on Richard Moglen's(Champion trading youtuber) podcast.
Release Notes
This indicator is used to gauge the short term volatility of the instrument relative to its long term volatility.The green columns of histogram represent lower short term volatility relative to long term, whereas Red column of histogram represent higher short term volatility relative to long term.
This indicator is inspired by Matt Caruso's(Champion canslim investor) chat on Richard Moglen's(Champion Trading you tuber) podcast.
Release Notes
This indicator is used to gauge the short term volatility of the instrument relative to its long term volatility.The green columns of histogram represent lower short term volatility relative to long term, whereas Red column of histogram represent higher short term volatility relative to long term.
This indicator is inspired by Matt Caruso's(Champion canslim investor) chat on Richard Moglen(Champion Trading you tuber) podcast.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.