OPEN-SOURCE SCRIPT

Average True Range Band

Draws bounds on the last candle showing the potential movement range basing on the ATR value.
ATR

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.

Want to use this script on a chart?

Disclaimer