OPEN-SOURCE SCRIPT
ATR Indicator

What this indicator does
The ATR Daily Progress measures how many ticks the market has already traveled during the current trading session and compares that value with the average daily movement calculated from previous sessions.
The indicator provides traders with a real-time view of the session's progress relative to its historical average range, helping them understand whether the market is operating below, near, or beyond its typical daily movement.
Key information displayed includes:
Current session ticks traveled
Average daily ticks based on historical sessions
Percentage of average range already completed
Real-time monitoring of daily expansion and exhaustion conditions
Who this indicator is for
This indicator is designed for:
Futures traders
Day traders
Scalpers
Intraday traders
Traders who use volatility and range analysis in their decision-making process
It is especially useful for traders who want to avoid entering trades after a significant portion of the average daily movement has already been completed.
What makes this indicator different
Unlike traditional ATR indicators that only display volatility values, this tool focuses on the practical intraday application of daily range statistics.
The indicator combines:
Real-time session range tracking
Historical average range analysis
Immediate visualization of daily progress
Session-based market exhaustion awareness
The goal is not simply to measure volatility, but to provide actionable context regarding how much of the market's expected daily movement has already occurred.
The ATR Daily Progress measures how many ticks the market has already traveled during the current trading session and compares that value with the average daily movement calculated from previous sessions.
The indicator provides traders with a real-time view of the session's progress relative to its historical average range, helping them understand whether the market is operating below, near, or beyond its typical daily movement.
Key information displayed includes:
Current session ticks traveled
Average daily ticks based on historical sessions
Percentage of average range already completed
Real-time monitoring of daily expansion and exhaustion conditions
Who this indicator is for
This indicator is designed for:
Futures traders
Day traders
Scalpers
Intraday traders
Traders who use volatility and range analysis in their decision-making process
It is especially useful for traders who want to avoid entering trades after a significant portion of the average daily movement has already been completed.
What makes this indicator different
Unlike traditional ATR indicators that only display volatility values, this tool focuses on the practical intraday application of daily range statistics.
The indicator combines:
Real-time session range tracking
Historical average range analysis
Immediate visualization of daily progress
Session-based market exhaustion awareness
The goal is not simply to measure volatility, but to provide actionable context regarding how much of the market's expected daily movement has already occurred.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.