OPEN-SOURCE SCRIPT

ATR-%R

This indicator uses a combines the "Williams %R" and "ATR_Normalized" indicators to find potential price tops and bottoms, as suggested by simultaneous extreme values on both of the aforementioned indicators.
ATROscillatorspercentr

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