OPEN-SOURCE SCRIPT
Actualizado [fr0x] ATR H4 & D1 Dashboard (Real Price)
📊 Multi-Timeframe ATR Visualizer (H4 & Daily)
Optimize your risk management with this streamlined indicator that displays the Average True Range (ATR) in real time on two strategic timeframes: 4 Hours (H4) and Daily.
No need to switch timeframes to see the current volatility of the asset. This tool is designed for traders who want to place smart stop-losses and set price targets based on actual market volatility.
🚀 Key Features
Dual MTF Display: Instantly view the H4 ATR and Daily ATR directly on your current chart.
Standard Setting: Default configuration based on 14 periods, the industry standard for reliable analysis.
Real-Time Reading: Values update dynamically with each price movement.
Suitable for Price Action: Designed specifically for reading Japanese candlesticks.
💡 Why use this indicator?
ATR is essential for measuring market “breathing.” By knowing the Daily and H4 volatility, you can:
Adjust your Stop-Losses: Avoid being pushed out of the market by daily “noise.”
Validate a Breakout: A level breakout with a rising ATR often confirms the strength of the movement.
Calculate your position size: Adjust your leverage according to current volatility.
🛠️ Configuration
ATR period: 14 (can be changed in the settings).
Smoothing: RMWA (Wilder) method for optimal accuracy.
Note: This indicator is lightweight and does not clutter your interface, making it ideal for combining with your existing strategies.
Optimize your risk management with this streamlined indicator that displays the Average True Range (ATR) in real time on two strategic timeframes: 4 Hours (H4) and Daily.
No need to switch timeframes to see the current volatility of the asset. This tool is designed for traders who want to place smart stop-losses and set price targets based on actual market volatility.
🚀 Key Features
Dual MTF Display: Instantly view the H4 ATR and Daily ATR directly on your current chart.
Standard Setting: Default configuration based on 14 periods, the industry standard for reliable analysis.
Real-Time Reading: Values update dynamically with each price movement.
Suitable for Price Action: Designed specifically for reading Japanese candlesticks.
💡 Why use this indicator?
ATR is essential for measuring market “breathing.” By knowing the Daily and H4 volatility, you can:
Adjust your Stop-Losses: Avoid being pushed out of the market by daily “noise.”
Validate a Breakout: A level breakout with a rising ATR often confirms the strength of the movement.
Calculate your position size: Adjust your leverage according to current volatility.
🛠️ Configuration
ATR period: 14 (can be changed in the settings).
Smoothing: RMWA (Wilder) method for optimal accuracy.
Note: This indicator is lightweight and does not clutter your interface, making it ideal for combining with your existing strategies.
Notas de prensa
Remove useless Timeframe (H4) and put standard ATR length on value 7Notas de prensa
- Renaming- Division / 2 of the ATR in order to optimize the SLs taken as a result
Notas de prensa
Update ratio of attenuation.From divided by 2 to *0,75
Notas de prensa
- Name change- Switch to MultiTimeframe
- Use of H1, H4, Daily, Weekly
- Addition of a ratio to mitigate the value of the ATR
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.