OPEN-SOURCE SCRIPT
ATR_percent

ATR_percent is an indicator that i have created to find and be ready for volatility in stock or index. Works best in the 15 min time frame. Use case can be for Nifty and Banknifty.
Basically, whenever the ATR _percent line leaves the yellow line for upwards, market is falling. While if it is heading downwards, the market is rising.
Basically, whenever the ATR _percent line leaves the yellow line for upwards, market is falling. While if it is heading downwards, the market is rising.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.