OPEN-SOURCE SCRIPT
ATSS DIFF Standalone
**ATSS DIFF Standalone** is an overlay indicator that compares a fast and slow SuperSmoother line, then subtracts a smoothed signal line to produce a single DIFF value.
The label shows the current DIFF reading below the latest candle. Green means the fast-smoothed price is above its smoothed signal; red means it is below. Larger values suggest stronger short-term momentum difference, but it should be treated as a momentum/pressure reading, not a guaranteed next-candle direction signal.
The label shows the current DIFF reading below the latest candle. Green means the fast-smoothed price is above its smoothed signal; red means it is below. Larger values suggest stronger short-term momentum difference, but it should be treated as a momentum/pressure reading, not a guaranteed next-candle direction signal.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.