Propulsive Asymmetric Turbulence Ribbon
Average True Range shows how large the bars have been. It says nothing of where the market sits in its breathing, whether a quiet stretch is storing energy or simply dying, or whether a sudden expansion has fuel behind it. A volatility reading without timing is a thermometer without a calendar.
The Propulsive Asymmetric Turbulence Ribbon (ATRPro) adds the calendar. It places realized range, a ribbon of smoothed ATR, and a normalized cycle field on one scale in a single pane, then classifies the field into five phases and tracks how much compression it has stored. It measures the condition and timing of volatility only; it reads neither price direction nor volume. The sections below explain the pane, the phase engine, and a two-clock reading of Definium Therapeutics, the chart above.
One Scale for Range and Rhythm
The dotted zero line is the ATR baseline. The histogram plots a 13-bar ATR minus its own 55-bar average, so columns above zero mean ranges are wider than usual and columns beneath it mean they are narrower. Column hue follows the eight-bar rate of change in ATR, running from red for rapid acceleration through yellow near flat to blue for pronounced deceleration. Column opacity follows candle efficiency, measured as body divided by full range, so dense columns describe decisive bars and faint ones describe bars made mostly of wick.
A yellow and orange ribbon plots the ATR's 13-bar EMA and Hull average, each centered on the same baseline. The faster Hull line turns first, so a Hull average above the EMA describes volatility that is accelerating, while an EMA above the Hull average describes volatility that is settling. The ribbon behaves like a tachometer needle laid over the odometer of the histogram.
Raw ATR, in the symbol's own price units, appears in the table and the Data Window but never in the pane. That choice keeps one violent bar from stretching the shared scale and flattening everything else into illegibility. Every element in the pane is therefore a deviation, and every deviation can be compared with its neighbors.
A Cycle Field With a Memory
The cycle field begins with price, not range. A high-pass filter removes the slow trend, a low-pass filter removes bar-to-bar noise, and the surviving oscillation is normalized against a slowly decaying envelope of its own recent peaks. A tension transform then shapes the result into a quotient whose amplitude the pane draws as a core line and its mirror, enclosing a shaded field that swells and narrows with the market's rhythm.
The phase engine reads that amplitude in five states. Coiled means the field is narrow. Igniting means it has begun to widen, Released means expansion is confirmed, Exhausted means ATR has started decelerating while the field remains wide, and Resetting means the field is contracting back toward the coil. Each transition has a stated rule, so the phase is a reading rather than an opinion.
Charge is the engine's memory. It accumulates while the field is coiled and ATR sits at or below its baseline, and it fades once either condition fails, so it measures how long compression has been stored. The field grows more opaque as charge builds, which makes a well-loaded coil visible at a glance. Charge also governs the second path into ignition: a sharp rise in ATR can ignite the engine only when enough charge has accumulated, so a range spike from an empty coil does not count as a launch.
Three markers sit on the zero line. A diamond marks entry into Igniting. A triangle pointing up marks a Release Lead, when the cycle field expands before realized range accelerates, and a triangle pointing down marks a Range Shock, when ATR accelerates into a field that is still compressed. None of the markers indicates price direction; each describes which half of the instrument moved first.
Reading the Chart
The chart above shows DFTX on the hourly clock from early August through the close of 9 October. The pane records three distinct volatility events: the expansion around the 49.66 high of 7 August, the spike of 14 September, and the slide to the 32.86 low of 8 October with its sharp rebound on 9 October. Between those events the histogram sinks beneath its baseline and the field narrows, which is what compression looks like on this instrument.
The table places the chart's clock beside the daily clock, and each column computes its own ATR, baseline, ribbon, cycle, charge and phase on bars of that timeframe. The daily column reads the last completed day by default, so it never repaints. On the hourly side the phase reads Released, charge 0.9 percent, ATR 0.08 above its baseline and accelerating 15.04 percent, with the Hull line above the EMA. On the daily side the phase reads Coiled, charge 19.6 percent, ATR 0.52 beneath its baseline and decelerating 10.33 percent, with the EMA above the Hull line.
The Context row condenses that disagreement into one phrase: chart above, daily below, phases differ. The hourly clock has spent its stored charge in a release, while the daily clock remains coiled and still accumulating. A daily charge of 19.6 percent sits just short of the default 21 percent that the range-led ignition path requires, which means the daily engine is close to the point at which an ATR surge would count as ignition rather than noise.
Where It Fits in a Trading Process
ATRPro is a supplementary instrument. It tells whether volatility is storing, waking, spending or resting, and it leaves direction, location and entries to price structure and the trader's own method. A breakout that arrives during Igniting or Released has volatility behind it; the same breakout in a deep coil with no charge deserves more suspicion.
The instrument is built for intraday and daily charts. Above the daily clock its bar-count windows and phases no longer serve the intended read, so the table withholds the daily comparison and asks for a lower timeframe. A Timeframe Override can draw the pane's ATR from another clock, though its windows still count chart bars, so the pane then shows a mixed-clock reading; the table's columns remain independent of the override. Five alerts cover Ignition, Release, Release Lead, Range Shock and a return to Coiled.
Every value behind the pane, from raw ATR and its baseline to the cycle quotient, amplitude, charge and phase code, appears in the Data Window. Nothing in this description or in the script is financial advice, and past behavior of volatility does not predict future prices.
Charge Is Stored Slowly and Spent Quickly
The DFTX table shows something a single-clock volatility tool cannot. An hourly release and a daily coil were true at the same moment, and neither one was wrong. The hourly clock had drained its reservoir to under one percent, while the daily clock was still filling its own.
That asymmetry is the one the instrument's name promises. Compression accumulates over many bars and discharges over a few, so the clock that looks calm often holds the larger store of energy. A trader who reads volatility on one clock sees whether the market is moving; a trader who reads it on two sees which reservoir is being drawn, and which one has not yet been touched.
The Propulsive Asymmetric Turbulence Ribbon (ATRPro) adds the calendar. It places realized range, a ribbon of smoothed ATR, and a normalized cycle field on one scale in a single pane, then classifies the field into five phases and tracks how much compression it has stored. It measures the condition and timing of volatility only; it reads neither price direction nor volume. The sections below explain the pane, the phase engine, and a two-clock reading of Definium Therapeutics, the chart above.
One Scale for Range and Rhythm
The dotted zero line is the ATR baseline. The histogram plots a 13-bar ATR minus its own 55-bar average, so columns above zero mean ranges are wider than usual and columns beneath it mean they are narrower. Column hue follows the eight-bar rate of change in ATR, running from red for rapid acceleration through yellow near flat to blue for pronounced deceleration. Column opacity follows candle efficiency, measured as body divided by full range, so dense columns describe decisive bars and faint ones describe bars made mostly of wick.
A yellow and orange ribbon plots the ATR's 13-bar EMA and Hull average, each centered on the same baseline. The faster Hull line turns first, so a Hull average above the EMA describes volatility that is accelerating, while an EMA above the Hull average describes volatility that is settling. The ribbon behaves like a tachometer needle laid over the odometer of the histogram.
Raw ATR, in the symbol's own price units, appears in the table and the Data Window but never in the pane. That choice keeps one violent bar from stretching the shared scale and flattening everything else into illegibility. Every element in the pane is therefore a deviation, and every deviation can be compared with its neighbors.
A Cycle Field With a Memory
The cycle field begins with price, not range. A high-pass filter removes the slow trend, a low-pass filter removes bar-to-bar noise, and the surviving oscillation is normalized against a slowly decaying envelope of its own recent peaks. A tension transform then shapes the result into a quotient whose amplitude the pane draws as a core line and its mirror, enclosing a shaded field that swells and narrows with the market's rhythm.
The phase engine reads that amplitude in five states. Coiled means the field is narrow. Igniting means it has begun to widen, Released means expansion is confirmed, Exhausted means ATR has started decelerating while the field remains wide, and Resetting means the field is contracting back toward the coil. Each transition has a stated rule, so the phase is a reading rather than an opinion.
Charge is the engine's memory. It accumulates while the field is coiled and ATR sits at or below its baseline, and it fades once either condition fails, so it measures how long compression has been stored. The field grows more opaque as charge builds, which makes a well-loaded coil visible at a glance. Charge also governs the second path into ignition: a sharp rise in ATR can ignite the engine only when enough charge has accumulated, so a range spike from an empty coil does not count as a launch.
Three markers sit on the zero line. A diamond marks entry into Igniting. A triangle pointing up marks a Release Lead, when the cycle field expands before realized range accelerates, and a triangle pointing down marks a Range Shock, when ATR accelerates into a field that is still compressed. None of the markers indicates price direction; each describes which half of the instrument moved first.
Reading the Chart
The chart above shows DFTX on the hourly clock from early August through the close of 9 October. The pane records three distinct volatility events: the expansion around the 49.66 high of 7 August, the spike of 14 September, and the slide to the 32.86 low of 8 October with its sharp rebound on 9 October. Between those events the histogram sinks beneath its baseline and the field narrows, which is what compression looks like on this instrument.
The table places the chart's clock beside the daily clock, and each column computes its own ATR, baseline, ribbon, cycle, charge and phase on bars of that timeframe. The daily column reads the last completed day by default, so it never repaints. On the hourly side the phase reads Released, charge 0.9 percent, ATR 0.08 above its baseline and accelerating 15.04 percent, with the Hull line above the EMA. On the daily side the phase reads Coiled, charge 19.6 percent, ATR 0.52 beneath its baseline and decelerating 10.33 percent, with the EMA above the Hull line.
The Context row condenses that disagreement into one phrase: chart above, daily below, phases differ. The hourly clock has spent its stored charge in a release, while the daily clock remains coiled and still accumulating. A daily charge of 19.6 percent sits just short of the default 21 percent that the range-led ignition path requires, which means the daily engine is close to the point at which an ATR surge would count as ignition rather than noise.
Where It Fits in a Trading Process
ATRPro is a supplementary instrument. It tells whether volatility is storing, waking, spending or resting, and it leaves direction, location and entries to price structure and the trader's own method. A breakout that arrives during Igniting or Released has volatility behind it; the same breakout in a deep coil with no charge deserves more suspicion.
The instrument is built for intraday and daily charts. Above the daily clock its bar-count windows and phases no longer serve the intended read, so the table withholds the daily comparison and asks for a lower timeframe. A Timeframe Override can draw the pane's ATR from another clock, though its windows still count chart bars, so the pane then shows a mixed-clock reading; the table's columns remain independent of the override. Five alerts cover Ignition, Release, Release Lead, Range Shock and a return to Coiled.
Every value behind the pane, from raw ATR and its baseline to the cycle quotient, amplitude, charge and phase code, appears in the Data Window. Nothing in this description or in the script is financial advice, and past behavior of volatility does not predict future prices.
Charge Is Stored Slowly and Spent Quickly
The DFTX table shows something a single-clock volatility tool cannot. An hourly release and a daily coil were true at the same moment, and neither one was wrong. The hourly clock had drained its reservoir to under one percent, while the daily clock was still filling its own.
That asymmetry is the one the instrument's name promises. Compression accumulates over many bars and discharges over a few, so the clock that looks calm often holds the larger store of energy. A trader who reads volatility on one clock sees whether the market is moving; a trader who reads it on two sees which reservoir is being drawn, and which one has not yet been touched.
adrian dyer
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.
adrian dyer
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.