OPEN-SOURCE SCRIPT
BullBearXinsights - ATR Projection Levels [Phil Vo]
This tool helps you understand how far price has moved during the session based on its average daily range (ATR).
Instead of guessing where price might go, it shows you where price currently sits within its expected move for the day.
I personally use it to read context:
When price is near the lower percentages, the session is still developing and has room to move.
Around the middle levels, the move becomes more meaningful and you want to be more selective.
As price approaches the higher levels, the move is more stretched and risk starts to increase.
This is not a signal indicator.
It’s designed to give you a clearer sense of positioning, timing, and expansion during the session.
Use it alongside your own strategy to avoid chasing extended moves and to better understand when price still has room to go.
So I built this because I didn’t want to guess anymore.
Most traders chase moves without knowing how much of the day is already used.
Instead of guessing where price might go, it shows you where price currently sits within its expected move for the day.
I personally use it to read context:
When price is near the lower percentages, the session is still developing and has room to move.
Around the middle levels, the move becomes more meaningful and you want to be more selective.
As price approaches the higher levels, the move is more stretched and risk starts to increase.
This is not a signal indicator.
It’s designed to give you a clearer sense of positioning, timing, and expansion during the session.
Use it alongside your own strategy to avoid chasing extended moves and to better understand when price still has room to go.
So I built this because I didn’t want to guess anymore.
Most traders chase moves without knowing how much of the day is already used.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que cualquier republicación del código está sujeta a nuestras Normas internas.
Built for traders who want clarity, not noise.
bullbearxinsights.app
bullbearxinsights.app
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que cualquier republicación del código está sujeta a nuestras Normas internas.
Built for traders who want clarity, not noise.
bullbearxinsights.app
bullbearxinsights.app
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.