OPEN-SOURCE SCRIPT
Mis à jour

Arego ATR

654
This script automatically calculates ATR on a daily basis where it would be highest and lowest and draws a line there.
With this you can see whether stock has passed the ATR or not.

When stock moves, line is adjusted as well. For example, the stock opened at $100 and moved down $1.
ATR is $5.
Script will then draw two lines on the chart.
Daily low ATR would then be $95 and daily high ATR would then be $104.

The formula is very simple:

Current price + ATR = daily high
Current price - ATR = daily low
Notes de version
I corrected my misconceptions in script logic.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.