OPEN-SOURCE SCRIPT
Updated EMA200 HUD + ATR + Live Wick
This indicator displays:
• EMA200 deviation in USD and %
• ATR (Average True Range) and ATR multiples
• Live wick % (up/down) with alerts if wick > 2%
• EMA200 deviation in USD and %
• ATR (Average True Range) and ATR multiples
• Live wick % (up/down) with alerts if wick > 2%
Release Notes
EMA200 Advanced HUD + ATR & Wick Alerts is a professional trading tool designed to provide essential market data directly on your chart, without clutter. It combines trend detection, volatility analysis, and wick alerts into a clean HUD panel.Key Features:
EMA200 Tracking: Shows price difference vs. EMA200 (both in USD and %), with automatic green (above EMA200) or red (below EMA200) arrows.
ATR Metrics: Displays ATR(14) in USD and %, including the ATR multiple (how far price has moved relative to recent volatility).
Live Wick Detection: Real-time wick size display (▲ up / ▼ down) with customizable alert threshold (default 1.85%).
Wick Alerts: Instant alerts when upper or lower wick exceeds the defined % threshold.
Clean HUD Design: All values appear in the bottom-right corner of the chart for fast, intuitive reading.
How to Use:
A green arrow (▲) means the price is above EMA200 – a bullish trend context.
A red arrow (▼) means the price is below EMA200 – a bearish trend context.
ATR values help in setting Stop-Loss or Take-Profit based on volatility (e.g., 2x ATR for SL, 4x ATR for TP).
Wick Alerts indicate sudden spikes or potential reversals.
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.