OPEN-SOURCE SCRIPT

ATR %

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ATR % — Price Scale Label

Displays the Average True Range (ATR) as a percentage of the current price, shown as a static label in the top-right corner of the chart — always visible regardless of scrolling.

Features:

ATR expressed as % of price (ATR / Close × 100) for easy comparison across different assets and timeframes
Fixed position on screen — not tied to price level
Customizable ATR period (default: 14)
Customizable text and background colors
How to use:

Higher % = higher volatility — useful for position sizing and stop placement
Compare ATR % across different assets to normalize volatility
Works on any asset and any timeframe
Settings (Inputs tab):

ATR Length — period for ATR calculation
Text Color — label text color
Background Color — label background color

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