OPEN-SOURCE SCRIPT
已更新

Heatmap w/ ATR

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This script combines Heatmap Volume with a scaled ATR (Average True Range) overlay for dynamic market insight. Volume bars are color-coded based on how many standard deviations they deviate from a moving average, helping identify spikes, absorption, or anomalies.

The ATR is scaled relative to the maximum volume observed to maintain visual alignment in the same pane. This allows traders to compare price volatility (ATR) against real market activity (volume) in one view.

Use this overlay to:

Spot high-volatility, high-conviction moves (rising ATR + red/orange bars)

Detect low-volume fakeouts (high ATR, cool-colored bars)

Identify compression zones before expansion (low ATR + normal volume)
發行說明
Clean up and adjusted default colors.
發行說明
Default color fix.
發行說明
Cover update

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