OPEN-SOURCE SCRIPT
ATR (No Gap) - Advanced Volatility Indicator
A customizable Average True Range indicator that eliminates gap distortion between trading sessions, providing cleaner volatility measurements for intraday and swing traders.
Key Features:
Gap Filtering: Optional toggle to ignore overnight/weekend gaps that distort volatility readings
EMA Smoothing: Defaults to EMA for more responsive volatility tracking (also supports RMA and SMA)
Half ATR Display: Shows 50% ATR value for quick stop-loss and take-profit calculations
Clean Value Table: Real-time values displayed on chart with configurable decimal precision
Flexible Settings: Customize length, smoothing method, and display options
Ideal for:
Setting dynamic stop losses and take profits
Position sizing based on current volatility
Comparing gap vs. no-gap volatility measurements
Trading instruments with large overnight gaps (indices, forex, crypto)
Use this indicator to get a more accurate picture of intraday volatility without the noise from session gaps!
Key Features:
Gap Filtering: Optional toggle to ignore overnight/weekend gaps that distort volatility readings
EMA Smoothing: Defaults to EMA for more responsive volatility tracking (also supports RMA and SMA)
Half ATR Display: Shows 50% ATR value for quick stop-loss and take-profit calculations
Clean Value Table: Real-time values displayed on chart with configurable decimal precision
Flexible Settings: Customize length, smoothing method, and display options
Ideal for:
Setting dynamic stop losses and take profits
Position sizing based on current volatility
Comparing gap vs. no-gap volatility measurements
Trading instruments with large overnight gaps (indices, forex, crypto)
Use this indicator to get a more accurate picture of intraday volatility without the noise from session gaps!
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。
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。