OPEN-SOURCE SCRIPT
ATR Multi Time Frame Display
An updated version to the simple ATR display. This updated version now give you an option to toggle on the 1 min ATR no matter what time frame you swap to. This also has an option to choose between RMA, SMA, EMA, or WMA. The smoothing method averages those True Range values over your chosen length, like 14 candles.
RMA
This is TradingView’s default ATR style and the classic Wilder ATR. It reacts smoothly without being too jumpy. If you’re unsure, start here. Good for general trading, stops, and position sizing.
SMA
Simple average. Every candle in the lookback has equal weight. It can feel a bit clunky because old high-volatility candles stay in the average until they suddenly drop off. Useful if you want a very plain “last 14 bars average range” reading.
EMA
More weight on recent candles, so it reacts faster when volatility expands or contracts. Good if you scalp, trade breakouts, or want stops/targets to adjust quickly. Downside: it can get jumpier.
WMA
Also weights recent candles more, often even more directly than EMA over the lookback. It can be responsive and clean, but may be too sensitive for some traders.
RMA is the best default because it’s the standard ATR most traders expect. If you find it lags too much on the 1-minute ATR, try EMA next.
RMA
This is TradingView’s default ATR style and the classic Wilder ATR. It reacts smoothly without being too jumpy. If you’re unsure, start here. Good for general trading, stops, and position sizing.
SMA
Simple average. Every candle in the lookback has equal weight. It can feel a bit clunky because old high-volatility candles stay in the average until they suddenly drop off. Useful if you want a very plain “last 14 bars average range” reading.
EMA
More weight on recent candles, so it reacts faster when volatility expands or contracts. Good if you scalp, trade breakouts, or want stops/targets to adjust quickly. Downside: it can get jumpier.
WMA
Also weights recent candles more, often even more directly than EMA over the lookback. It can be responsive and clean, but may be too sensitive for some traders.
RMA is the best default because it’s the standard ATR most traders expect. If you find it lags too much on the 1-minute ATR, try EMA next.
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.
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.
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.