OPEN-SOURCE SCRIPT
ATR% Table
ATR% Table
ATR% Table is a clean and minimal volatility indicator designed for Indian equity traders. It displays the Average True Range percentage (ATR%) of any stock directly on the chart as a color-coded label, helping traders instantly assess how volatile a stock is before entering a trade.
What it shows:
ATR% tells you how much a stock moves on average relative to its price. For example, ATR% of 3% on a ₹500 stock means it moves approximately ₹15 per day on average.
Color Coding:
- 🔴 Red — Below 4% (low to moderate volatility)
- 🔵 Blue — Above 4% (high volatility, larger moves expected)
How to use:
- Use ATR% to set better stop losses — avoid keeping stop loss tighter than ATR range
- High ATR% stocks are better for short term momentum trades
- Low ATR% stocks suit positional traders who prefer slow and steady movers
- Combine with Liquidity Indicator LR for best results — high liquidity + good ATR% = ideal swing trade candidate
Settings:
- ATR Period — default 14 (customizable)
- Table Position — top right / top left / middle right / middle left / bottom right / bottom left
- Label Size — tiny / small / normal / large / huge
ATR% Table is a clean and minimal volatility indicator designed for Indian equity traders. It displays the Average True Range percentage (ATR%) of any stock directly on the chart as a color-coded label, helping traders instantly assess how volatile a stock is before entering a trade.
What it shows:
ATR% tells you how much a stock moves on average relative to its price. For example, ATR% of 3% on a ₹500 stock means it moves approximately ₹15 per day on average.
Color Coding:
- 🔴 Red — Below 4% (low to moderate volatility)
- 🔵 Blue — Above 4% (high volatility, larger moves expected)
How to use:
- Use ATR% to set better stop losses — avoid keeping stop loss tighter than ATR range
- High ATR% stocks are better for short term momentum trades
- Low ATR% stocks suit positional traders who prefer slow and steady movers
- Combine with Liquidity Indicator LR for best results — high liquidity + good ATR% = ideal swing trade candidate
Settings:
- ATR Period — default 14 (customizable)
- Table Position — top right / top left / middle right / middle left / bottom right / bottom left
- Label Size — tiny / small / normal / large / huge
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.