OPEN-SOURCE SCRIPT

ATR Breakout Engine

194
Same multi-timeframe idea as the ATR Bands, except this one's a signal tool, not just lines. It builds a session reference and an ATR for the 1m, 5m, and 15m, works out a breakout level for each, and fires an arrow when 1-minute price crosses one. When a few timeframes break together you've usually got something with legs. It doesn't place orders, so pair it with the strategy version if you want the backtest numbers. Set the session timezone to your cash open. It uses higher-timeframe requests, so confirm the live behavior matches the history.

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