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Premium Indicators

Premium tools to streamline your charting workflow, complemented by a suite of ATR-based indicators.

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Multi-Timeframe ATR Levels█  OVERVIEW The indicator plots upside and downside levels based on market volatility. By applying the ATR, it projects the ATR boundaries for the selected timeframe. This tool is ideal for traders who want to factor volatility into their strategy. █  CONCEPTS The Average True Range (ATR) measures how much a market typically moves over a given period. This indicator projects that average move as two lines: an upside level above the price and a downside level below it. Together, they define the ATR levels for the period. █  HOW TO USE Inside the ATR levels Price remains within the average range for the period. The levels can help assess whether there is room for a trade and provide additional confluence for taking profit. Outside the ATR levels Price exceeds the average range for the period. This can be a place to look for confirmation of mean-reversion or contrarian setups. █  FEATURES Multi-timeframe Set the timeframe that aligns with your trading horizon (e.g., the daily timeframe for intraday trades), or set a higher timeframe for validation. For example, an intraday trader can verify that a daily ATR level remains within the weekly ATR boundaries when trading toward the end of the week. ATR settings Configure the length, smoothing, multiplier, and value reference. Styling Adjust the appearance to your preferences using options for customizable labels, line style, line thickness, proximity coloring, and overflow color. Alert Create a script alert that automatically fires at the first ATR level of each period. █  NOTES The underlying True Range (TR) used by the ATR is measured from high to low (including price gaps). Projecting ATR levels must follow the same convention. As new highs or lows are established, the projected levels update accordingly. Calculation - Upper level = true low + ATR - Lower level = true high − ATR If you are interested in the statistical approach to the ATR, you may also find my ATR Report & Tool . You may also find my free Daily ATR Levels indicator helpful.
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ATR Report & Tool█ OVERVIEW The indicator measures how often price reaches ATR-based distance thresholds using historical data. This tool provides statistical context for trading. █ CONCEPTS The True Range (TR) measures the raw price variation, while the Average True Range (ATR) measures how much a market typically moves over a given period. By comparing each TR with its corresponding ATR, the indicator reports how often price reaches ATR multiples. The results help you make more informed trading decisions. Many traders take profit at 1× ATR. Would exiting earlier improve your win rate? Your target sits at 2× ATR. Can you expect to close your position before the end of the selected timeframe? You have identified multiple entry levels at distinct resistances above the current price. Which one is statistically more likely to get filled? If your stop-loss is 0.5× ATR away, what is the historical probability that price hits your stop? █ FEATURES Probability table Each percentage represents the historical frequency with which price trades at or exceeds a given ATR multiple over the selected timeframe. Price selection tool Point to a specific price on the chart beyond the current trading range, and the indicator calculates the distance in ATR. You can then refer to the probability table. ATR settings Configure the timeframe, length, smoothing, and ATR value reference. Data Window Find additional data in the Data Window. █ NOTES The TR is measured from high to low (including price gaps). The Price Selection Tool measures ATR distance using the same convention.
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Multi-Timeframe OHLC Levels█ OVERVIEW A fully customizable multi-timeframe indicator that independently plots levels based on the open, previous close, previous high, previous low, and previous mid-price. This tool is ideal for traders who require a high level of tailoring and usability. █ FEATURES Multi-timeframe Select the timeframe for each level separately. The indicator shows higher timeframe levels down to the 1-second chart. Multi-source Choose the source for each level individually from the current open, previous close, previous high, previous low, and previous mid-price. Past levels Manage the number of relevant levels displayed on historical bars for trading or backtesting. Projections Extend the levels to the current price action with clear and clean options. Styling Adjust the appearance according to your preferences and screen size using options for color, line style, line thickness, custom name, and text size. █ NOTES This is a PREMIUM indicator. You may also find my free Daily Weekly Monthly Yearly Opens and Previous Day Week Highs & Lows indicators helpful.
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