OPEN-SOURCE SCRIPT
ATR Gain

This indicator shows the amount, in terms of a percentage, that the ATR is currently above or below the current ATR average.
This can be translated to the amount of volatility in the market compared to the current "standard" volatility.
See also "Average True Range" technical indicator
This can be translated to the amount of volatility in the market compared to the current "standard" volatility.
See also "Average True Range" technical indicator
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.