OPEN-SOURCE SCRIPT
ATR Levels
ATR levels drawn on a chart as dynamic (can change throughout the day), straight lines.
Upper band = daily ATR in pips + daily low.
Lower band = daily high - daily ATR in pips.
Can be used as a reversal signal if there is a good level past ATR. Can go long/short from there.
Upper band = daily ATR in pips + daily low.
Lower band = daily high - daily ATR in pips.
Can be used as a reversal signal if there is a good level past ATR. Can go long/short from there.
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 publication is governed by House rules. You can favorite it to use it on a chart.
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