PROTECTED SOURCE SCRIPT
Daily ATR Lines
Updated
This script plots the daily Average True Range lines low and high for each day. Even when using a lower interval it will continue to plot daily lines.
Some traders find this helpful for day trading and consider these as Support and Resistance. For me I use it to see the reasonable move within a day so I can sell options against, I don't necesarily consider them S/R.
For more information on ATR click here.
investopedia.com/terms/a/atr.asp
Some traders find this helpful for day trading and consider these as Support and Resistance. For me I use it to see the reasonable move within a day so I can sell options against, I don't necesarily consider them S/R.
For more information on ATR click here.
investopedia.com/terms/a/atr.asp
Release Notes
removed the display of the ATR value.Release Notes
Upgraded to version 4 of PineScript. Protected script
This script is published closed-source and you may privately use it freely.
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