OPEN-SOURCE SCRIPT

ATRx

By priceprophet
If you use an ATR, when prices get to far away from a TREND MA they typically stall and/or snap back to the MA in order to "stabilize" the mean price.

This is an indicator that plots this. With a setting of 3x turning the bar color from green to red.

Trend Analysis
priceprophet

Skript med en öppen källkod

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. Du kan ange den som favorit för att använda den i ett diagram.

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