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DD ATR Readings
The DD ATR Readings indicator displays customizable Average True Range (ATR) multiplier values directly on your chart. Unlike standard ATR indicators that only show a line, this indicator calculates and displays the exact numeric values for three different ATR multipliers, giving you precise volatility measurements for your trading decisions.
It's specifically created for people taking the "Deep Dip Buy" stock trading course, and attempts to provide a ready-to-go solution to allow easy position size calculations as per the course, with the required ATR values visible at a glance.
The default values of 2.0, 1.5 and 0.45 are the same values used by the course instructor in his charting software, but you can change these values to any multiplier you choose.
Any input from students or the instructor is welcome to improve this indicator so it offers more value to those looking to learn how to trade.
Features
Displays three customizable ATR multiplier values (default: 2.0, 1.5, and 0.45 from the course)
Uses either SMA or EMA for ATR calculation (20-period default)
Fully customizable label appearance (position, color, size)
Real-time value updates as you move through the chart
Clean, unobtrusive display that doesn't clutter your chart with additional lines
Customization Options
ATR Length: Number of bars used in the ATR calculation (default: 20)
ATR Multipliers: Three customizable multiplier values
SMA/EMA: Choose your preferred moving average type for ATR calculation
Label Style: Multiple positioning options for the text display
Colors and Size: Fully customizable appearance
It's specifically created for people taking the "Deep Dip Buy" stock trading course, and attempts to provide a ready-to-go solution to allow easy position size calculations as per the course, with the required ATR values visible at a glance.
The default values of 2.0, 1.5 and 0.45 are the same values used by the course instructor in his charting software, but you can change these values to any multiplier you choose.
Any input from students or the instructor is welcome to improve this indicator so it offers more value to those looking to learn how to trade.
Features
Displays three customizable ATR multiplier values (default: 2.0, 1.5, and 0.45 from the course)
Uses either SMA or EMA for ATR calculation (20-period default)
Fully customizable label appearance (position, color, size)
Real-time value updates as you move through the chart
Clean, unobtrusive display that doesn't clutter your chart with additional lines
Customization Options
ATR Length: Number of bars used in the ATR calculation (default: 20)
ATR Multipliers: Three customizable multiplier values
SMA/EMA: Choose your preferred moving average type for ATR calculation
Label Style: Multiple positioning options for the text display
Colors and Size: Fully customizable appearance
オープンソーススクリプト
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免責事項
この情報および投稿は、TradingViewが提供または推奨する金融、投資、トレード、その他のアドバイスや推奨を意図するものではなく、それらを構成するものでもありません。詳細は利用規約をご覧ください。
オープンソーススクリプト
TradingViewの精神に則り、このスクリプトの作者はコードをオープンソースとして公開してくれました。トレーダーが内容を確認・検証できるようにという配慮です。作者に拍手を送りましょう！無料で利用できますが、コードの再公開はハウスルールに従う必要があります。
免責事項
この情報および投稿は、TradingViewが提供または推奨する金融、投資、トレード、その他のアドバイスや推奨を意図するものではなく、それらを構成するものでもありません。詳細は利用規約をご覧ください。