OPEN-SOURCE SCRIPT
ATR Gauge - Audiophile Style
The ATR Gauge - Audiophile Style indicator is a custom visualization tool. It's designed to give you a quick, retro-inspired snapshot of market volatility using the Average True Range (ATR) metric. Think of it as a dashboard widget styled like the VU meters on old-school audiophile equipment (e.g., vintage stereo amps from brands like McIntosh or Marantz)—simple, elegant, and functional. It sits in one of the corners of your chart and helps you gauge how "hot" or "cool" the current price action is compared to recent levels.
Why This Gauge?: Standard ATR plots as a line on your chart, but this turns it into a visual "meter" focused on the last 24 hours. It's like a speedometer for volatility—quick to read at a glance. Useful for day traders, scalpers, or anyone monitoring intraday risk without cluttering the main chart.
Why This Gauge?: Standard ATR plots as a line on your chart, but this turns it into a visual "meter" focused on the last 24 hours. It's like a speedometer for volatility—quick to read at a glance. Useful for day traders, scalpers, or anyone monitoring intraday risk without cluttering the main chart.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.