OPEN-SOURCE SCRIPT
ATR Dashboard (Volatility Quantifier)
ATR Dashboard
A simple volatility dashboard that displays current ATR values in a compact table in the top-right corner of the chart.
The indicator is designed to make ATR easier to quantify at a glance, especially when developing rules around changing volatility conditions. It displays three independently configurable ATR periods so you can compare short-term, standard, and longer-term volatility.
Features
Short / Long Ratio
The Short / Long row compares the short-term ATR to the long-term ATR:
[code]
Short ATR ÷ Long ATR × 100
[/code]
This provides a quick indication of whether recent volatility is expanding or contracting relative to the longer-term baseline.
For example:
This ratio can be useful for identifying volatility expansion or contraction even before a slower ATR measurement fully reacts.
The dashboard is intended primarily as an observation and rule-development tool. For example, it can help identify conditions such as:
[code]
ATR above X → reduce position size
ATR below X → avoid low-volatility conditions
Short / Long above X% → volatility expansion
[/code]
The default 5 / 14 / 50 settings are simply a starting point and can be adjusted for different instruments, timeframes, or trading styles.
Here's an example of the data table with large text:
A simple volatility dashboard that displays current ATR values in a compact table in the top-right corner of the chart.
The indicator is designed to make ATR easier to quantify at a glance, especially when developing rules around changing volatility conditions. It displays three independently configurable ATR periods so you can compare short-term, standard, and longer-term volatility.
Features
- Short ATR – Default length: 5
- Standard ATR – Default length: 14
- Long ATR – Default length: 50
- Displays ATR in both points and ticks
- Automatically uses the instrument's minimum tick size
- Configurable table text size
- Designed to work with TradingView Bar Replay
Short / Long Ratio
The Short / Long row compares the short-term ATR to the long-term ATR:
[code]
Short ATR ÷ Long ATR × 100
[/code]
This provides a quick indication of whether recent volatility is expanding or contracting relative to the longer-term baseline.
For example:
- 70% – Recent volatility is significantly lower than the longer-term baseline
- 100% – Recent volatility is approximately equal to the baseline
- 150% – Recent volatility is about 50% higher than the baseline
- 200% – Recent volatility is roughly double the baseline
This ratio can be useful for identifying volatility expansion or contraction even before a slower ATR measurement fully reacts.
The dashboard is intended primarily as an observation and rule-development tool. For example, it can help identify conditions such as:
[code]
ATR above X → reduce position size
ATR below X → avoid low-volatility conditions
Short / Long above X% → volatility expansion
[/code]
The default 5 / 14 / 50 settings are simply a starting point and can be adjusted for different instruments, timeframes, or trading styles.
Here's an example of the data table with large text:
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.