DTR vs ATR
This script shows DTR vs ATR (Today's True Range vs 14 days Avg True Range) along with percentage. The label automatically changes color based on percent value. <=70 is GREEN, >=90 is RED and between 70 & 90 is ORANGE.
The location of the script not stick to one place. There is no such a functionality to keep it static at one location (like top right corner). But I think that feature is coming soon. I may be wrong.
The location of the script not stick to one place. There is no such a functionality to keep it static at one location (like top right corner). But I think that feature is coming soon. I may be wrong.
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This script shows DTR vs ATR (Today's True Range vs 14 days Avg True Range) along with percentage. The label automatically changes color based on percent value. <=70 is GREEN, >=90 is RED and between 70 & 90 is ORANGE.
The location of the label won't stick at one place. There is no such a functionality to keep it static at one location (like top right corner) currently. But I think that feature is coming soon. I may be wrong. Currently the label will be located top of the chart (y-axis) and numbers of bars left or right (x-axis) depending on input value. By default 5 bars left from last bar.
The location of the label won't stick at one place. There is no such a functionality to keep it static at one location (like top right corner) currently. But I think that feature is coming soon. I may be wrong. Currently the label will be located top of the chart (y-axis) and numbers of bars left or right (x-axis) depending on input value. By default 5 bars left from last bar.
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Fixed an issue where if we have a Heikin Ashi chart (or Renko, Kagi, PriceBreak etc), daily high/low were not calculated based on real OHLC.
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Modified the script to allow folks to choose whether they want ATR smoothed based off of EMA, SMA, RMA or WMA. But you will have to modify the script. I have added comment above the specific line so that you can modify the script. There is no option add a input / drop-down menu since I calculate ATR based on Daily candles and also this script is modified to work with other candlestick charts like Heikin Ashi. There is a limitation that you cannot have "security" function under 'if' condition
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Little update to choose Smoothing Type (have to edit the script).
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Now added option to choose smoothing from drop-down menu. Enjoy
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Another little update.
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Updating some notes and removing unwanted lines
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Updating function and cleaning stuff
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Per request from my followers, I have updated this script so that you can choose location of the table and text size. In addition to that, you can enable/disable table title.
Here is the supported text size: "auto", "tiny", "small", "normal", "large", "huge"
Here is the supported text size: "auto", "tiny", "small", "normal", "large", "huge"