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ATR Volatility Bands

ATR Volatility Bands is a simple and effective alternative to Bollinger Bands, using the Average True Range (ATR) instead of standard deviation to measure market volatility.
The indicator plots three lines:
A central moving average (SMA or EMA)
An upper band = MA + (ATR × multiplier)
A lower band = MA - (ATR × multiplier)
✅ Features:
Choose between EMA and SMA
Adjustable ATR and MA lengths
Customizable multiplier
🔍 How to use:
Breakouts: Price crossing above/below the bands may indicate strong momentum.
Squeeze Detection: Narrow bands can signal a period of low volatility — potential breakout setup.
Dynamic Support/Resistance: Use bands as zones for pullbacks and targets.
This tool helps traders better adapt to market conditions with volatility-aware levels.
The indicator plots three lines:
A central moving average (SMA or EMA)
An upper band = MA + (ATR × multiplier)
A lower band = MA - (ATR × multiplier)
✅ Features:
Choose between EMA and SMA
Adjustable ATR and MA lengths
Customizable multiplier
🔍 How to use:
Breakouts: Price crossing above/below the bands may indicate strong momentum.
Squeeze Detection: Narrow bands can signal a period of low volatility — potential breakout setup.
Dynamic Support/Resistance: Use bands as zones for pullbacks and targets.
This tool helps traders better adapt to market conditions with volatility-aware levels.
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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。