OPEN-SOURCE SCRIPT
已更新 2ATR / Current Price %
### **Real-Time 2ATR Volatility Ratio Indicator**
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### **Overview**
This indicator provides a quick and visual way to understand market volatility by calculating the ratio between the **2ATR (Average True Range)** and the **current price**.
* **ATR (Average True Range)** is a widely-used measure of market volatility, showing the average price movement over a specific period.
* **2ATR** represents a price move that is twice the average volatility. Traders often use this value as a benchmark for potential support/resistance levels or for setting a dynamic stop-loss.
### **Key Features**
* **Real-Time Calculation**: Unlike many indicators that rely on the previous candle's close, this script calculates the 2ATR ratio using the **real-time current price**, providing you with up-to-the-second data.
* **Intuitive Display**: The final percentage value is shown in a clear **yellow label** at the **bottom-right** of your chart, making it easy to monitor without cluttering your view.
* **Customizable Input**: You can adjust the `ATR Period` setting to change the sensitivity of the volatility calculation, allowing you to adapt the indicator to different trading styles and timeframes.
### **How to Use It**
This tool is especially useful for **risk management and setting stop-loss orders**. The percentage displayed on the label tells you how much the price would need to move from its current level to equal a 2ATR change.
**Example**: If the indicator shows **3.5%**, it means a price drop of 3.5% from the current level would be equal to a 2ATR move. This gives you a clear and quantifiable number to help you set a **logical stop-loss** or to quickly assess the potential downside risk before entering a trade.
---
### **Overview**
This indicator provides a quick and visual way to understand market volatility by calculating the ratio between the **2ATR (Average True Range)** and the **current price**.
* **ATR (Average True Range)** is a widely-used measure of market volatility, showing the average price movement over a specific period.
* **2ATR** represents a price move that is twice the average volatility. Traders often use this value as a benchmark for potential support/resistance levels or for setting a dynamic stop-loss.
### **Key Features**
* **Real-Time Calculation**: Unlike many indicators that rely on the previous candle's close, this script calculates the 2ATR ratio using the **real-time current price**, providing you with up-to-the-second data.
* **Intuitive Display**: The final percentage value is shown in a clear **yellow label** at the **bottom-right** of your chart, making it easy to monitor without cluttering your view.
* **Customizable Input**: You can adjust the `ATR Period` setting to change the sensitivity of the volatility calculation, allowing you to adapt the indicator to different trading styles and timeframes.
### **How to Use It**
This tool is especially useful for **risk management and setting stop-loss orders**. The percentage displayed on the label tells you how much the price would need to move from its current level to equal a 2ATR change.
**Example**: If the indicator shows **3.5%**, it means a price drop of 3.5% from the current level would be equal to a 2ATR move. This gives you a clear and quantifiable number to help you set a **logical stop-loss** or to quickly assess the potential downside risk before entering a trade.
發行說明
Update : Can change colors開源腳本
本著TradingView的真正精神，此腳本的創建者將其開源，以便交易者可以查看和驗證其功能。向作者致敬！雖然您可以免費使用它，但請記住，重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
開源腳本
本著TradingView的真正精神，此腳本的創建者將其開源，以便交易者可以查看和驗證其功能。向作者致敬！雖然您可以免費使用它，但請記住，重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。