To add this indicator to your charts: Click the 'Add to Favorite Scripts' button down below this description.
This simple indicator is merely for displaying mulitple ATR ranges at a glance on one chart.
SETTINGS Each ATR is completely configurable: Length - to base the ATR on Timeframe - 'Chart' uses the current chart resolution; other timeframes are available on pull downs Multiplier - Each ATR can use a multiplier to be able to show multiples or fractions of the full ATR. (i.e. 85=85%, 150=150%) Dark Theme - Default colors for black or dark backgrounds
I use this indicator for: Determining price ranges Setting stop losses and take profit levels
發布通知
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Added Input for Minimum Tick Multiplier to adjust for different price sources.
BTCUSD = Min Tick 0.01 = Min Tick Multiplier of 100 to show only full dollar amounts
Most Forex Pairs = Ticks = Min Tick Multiplier of 10 to show full pips
IMPORTANT FYI
This script was written for FOREX... If you want to use it with Bitcoin or Stocks that use dollar/cents use a Multiplier of 10 NOT 100 (default). Then you can adjust from there to your liking.
@Bonavest, My comment here about the script is made for FOREX is no longer accurate with the January 2020 update. You can now adjust the Minimum Tick Multiplier for any price source.
mausto
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HELLO.
Thanks . .I really like your indicator..but I dont know if the issue is just with me.. but once added to a chart. .then if I change the instrument.. it will reset and all the graphic will just compress to a line.. like something is wrong with the code and I guess is trying to show the line of the indicator.. can you help me to find out?..
thank you in front.
Bonavest
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@mausto, It usually is something to do with needing to change the Multiplier due to whatever the minimum tick is for the instrument.
Delacroix340
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Nice! Thanks
kmack282
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Can I please have access to your script? I am trying to source ATR from a 3 minute candle, on a 1 min chart. Cant figure it out!
Bonavest
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@kmack282, Hopefully you figured out how to Favorite this script as noted in the first two lines in the description. ;)
This script was written for FOREX... If you want to use it with Bitcoin or Stocks that use dollar/cents use a Multiplier of 10 NOT 100 (default). Then you can adjust from there to your liking.