Get started
JollyWizard

Cumulative ATR Distance Oscillator

JollyWizard Updated   
Centered Oscillators cumulativedelta ATR pricemovement
187
11
centeredoscillator cumulativedelta atr pricemovement
// A Price/ATR oscillator with cumulative waves.
// Based on Cumulative Volume Delta, but using price movement alone.
// Public Domain
// By Jolly Wizard
Release Notes:
Added basic bull bear color control.
Release Notes:
Fixed regression from color change impl due to transparency math.
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.

Want to use this script on a chart?