OPEN-SOURCE SCRIPT
Daily ATR Cave
Updated
Similar to the RSI Cave idea, this plots daily Average True Range values on lower timeframes, as well as the daily open level, which is show as a grey dotted line. Basically a simple way to visualise basic mean reversion stuff
Release Notes
Updated code to use tickerid instead of ticker. This makes sure the code is referencing the current exchange and ticker, not just the ticker. Thanks to @k_dub1 for the tipOpen-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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