Bonavest

ATR True Range - Multi Timeframe - Bonavest

Bonavest Updated   
To add this indicator to your charts:
Click the 'Add to Favorite Scripts' button down below this description.


This simple indicator is merely for displaying mulitple ATR ranges at a glance on one chart.

SETTINGS
Each ATR is completely configurable:
Length - to base the ATR on
Timeframe - 'Chart' uses the current chart resolution; other timeframes are available on pull downs
Multiplier - Each ATR can use a multiplier to be able to show multiples or fractions of the full ATR. (i.e. 85=85%, 150=150%)
Dark Theme - Default colors for black or dark backgrounds

I use this indicator for:
Determining price ranges
Setting stop losses and take profit levels
Release Notes:
Added Input for Minimum Tick Multiplier to adjust for different price sources.
  • BTCUSD = Min Tick 0.01 = Min Tick Multiplier of 100 to show only full dollar amounts
  • Most Forex Pairs = Ticks = Min Tick Multiplier of 10 to show full pips
Release Notes:
Changed Chart Image ...

Protected script
This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.
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?