OPEN-SOURCE SCRIPT
已更新 ZenLab ATR FNS
This indicator was created specifically for Zen Labs which includes a custom ATR (Average True Range) table that displays the ATR value for a selected period of candles.
ATR is a volatility indicator that measures the average range between high and low prices over a given number of periods. It helps traders assess how much an asset typically moves, providing valuable information for setting stop losses, take profits, or identifying market conditions. It adapts to changing market conditions, making it useful across different timeframes and asset classes.
How the ATR Indicator Works:
The ATR is based on the concept of True Range (TR), which is the greatest of the following three values:
- Current High minus Current Low
- Absolute value of Current High minus Previous Close
- Absolute value of Current Low minus Previous Close
Averaging the True Range:
Once the True Range is calculated for each period, the ATR is computed by averaging these True Ranges over a set number of periods and is displayed in the table.
Interpreting the ATR:
- A higher ATR value indicates higher volatility—prices are moving more significantly.
- A lower ATR value indicates lower volatility—prices are more stable and less active.
Enjoy!
- Rebel Empire
ATR is a volatility indicator that measures the average range between high and low prices over a given number of periods. It helps traders assess how much an asset typically moves, providing valuable information for setting stop losses, take profits, or identifying market conditions. It adapts to changing market conditions, making it useful across different timeframes and asset classes.
How the ATR Indicator Works:
The ATR is based on the concept of True Range (TR), which is the greatest of the following three values:
- Current High minus Current Low
- Absolute value of Current High minus Previous Close
- Absolute value of Current Low minus Previous Close
Averaging the True Range:
Once the True Range is calculated for each period, the ATR is computed by averaging these True Ranges over a set number of periods and is displayed in the table.
Interpreting the ATR:
- A higher ATR value indicates higher volatility—prices are moving more significantly.
- A lower ATR value indicates lower volatility—prices are more stable and less active.
Enjoy!
- Rebel Empire
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Added selection for Indicies, Forex Pairs, and Metals. 開源腳本
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這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
開源腳本
秉持TradingView一貫精神，這個腳本的創作者將其設為開源，以便交易者檢視並驗證其功能。向作者致敬！您可以免費使用此腳本，但請注意，重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。