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

- Bryan G.
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 a publication is governed by House Rules. You can favorite it to use it on a chart.

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.

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