OPEN-SOURCE SCRIPT

MA + ATR

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## 📊 Multi MA + ATR Extension Dashboard

This indicator combines key moving averages with volatility analysis to provide a clear, real-time view of trend structure, extension, and momentum.

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### 🔧 Features

**Moving Averages**

* Plots **5, 21, 50, and 200 MA**
* Supports **SMA or EMA selection per MA**
* Clean color scheme for quick visual recognition

**ATR-Based Extension**

* Measures how far price is from each MA in **ATR units**
* Helps identify:

* Overextended moves
* Mean reversion zones
* Healthy vs stretched trends

**Trend Curl (Angle)**

* Displays **angle of curl (slope)** for 21, 50, and 200 MA
* Quickly shows:

* Trend acceleration
* Flattening structure
* Early reversal signals

**Smart Table Dashboard**

* Compact table showing:

* MA type + direction (arrow)
* Distance from MA (in ATR)
* Price position (above/below)
* Curl (angle) of key MAs
* Customizable position and size

**ATR Volatility Context**

* Shows ATR % (volatility relative to price)
* Helps compare volatility across instruments

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### 🧠 How to Use

* **Trend Identification**

* Look for alignment (21 > 50 > 200 = bullish)
* Use curl to confirm strengthening or weakening trends

* **Extension Analysis**

* 1 ATR = normal move
* 2 ATR = extended
* 3 ATR = potential exhaustion

* **Mean Reversion**

* High ATR extension + flattening curl = pullback probability

* **Momentum Insight**

* Rising curl = strengthening trend
* Falling curl = weakening trend

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### ⚙️ Best Use Cases

* Intraday trend trading
* Swing trading pullbacks
* Identifying exhaustion moves
* Volatility-aware risk management

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### 💡 Notes

* ATR measures **volatility, not direction**
* Works best when combined with price structure and volume

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