OPEN-SOURCE SCRIPT

ATRanger

ATRanger uses Average True Range plus a variety of Moving Averages of the ATR in band format.

This is another way to identify overbought and oversold (poking out of the bands, or bouncing from them as support or resistance.)

A variety of Time-Frames can be selected, as well as several Moving Average Types to draw the bands with. (SMA, WMA, VWMA, SMMA, HMA, EMA)

Open Source
Average True Range (ATR)Moving AveragesVolatility

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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