OPEN-SOURCE SCRIPT
Diupdate [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.
Catatan Rilis
Remove useless Timeframe (H4) and put standard ATR length on value 7Catatan Rilis
- Renaming- Division / 2 of the ATR in order to optimize the SLs taken as a result
Catatan Rilis
Update ratio of attenuation.From divided by 2 to *0,75
Catatan Rilis
- Name change- Switch to MultiTimeframe
- Use of H1, H4, Daily, Weekly
- Addition of a ratio to mitigate the value of the ATR
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.