OPEN-SOURCE SCRIPT
ATR as % of Close
ATR 14day period in % terms
the Normal ATR indicator by TV helps but this gives a clear idea as to the range in percentage terms as and when market rises to newer and newer highs
better than an absolute value
the Normal ATR indicator by TV helps but this gives a clear idea as to the range in percentage terms as and when market rises to newer and newer highs
better than an absolute value
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.