OPEN-SOURCE SCRIPT
ATR Channels 1-2-3
It is an overlay indicator that builds a system of channels around a moving average using ATR as the distance metric. The script first calculates a central moving average of the closing price, which can be either EMA or SMA depending on the selected parameter. This moving average acts as the axis of the channels and is independent of the ATR calculation.
Next, it computes the Average True Range using a separate period. The ATR is used directly as an absolute measure of price volatility, without additional smoothing or normalization.
Based on the central moving average and the ATR value, three pairs of bands are generated. The first channel is created by adding and subtracting one ATR from the moving average. The second channel is created by adding and subtracting two times the ATR, and the third channel by adding and subtracting three times the ATR. There is no conditional or adaptive logic involved; the distances are linear and strictly proportional to the current ATR value.
All lines are recalculated on every bar close. The script does not include signals, filters, or trading logic. It purely visualizes volatility-adjusted price envelopes around a reference moving average.
Next, it computes the Average True Range using a separate period. The ATR is used directly as an absolute measure of price volatility, without additional smoothing or normalization.
Based on the central moving average and the ATR value, three pairs of bands are generated. The first channel is created by adding and subtracting one ATR from the moving average. The second channel is created by adding and subtracting two times the ATR, and the third channel by adding and subtracting three times the ATR. There is no conditional or adaptive logic involved; the distances are linear and strictly proportional to the current ATR value.
All lines are recalculated on every bar close. The script does not include signals, filters, or trading logic. It purely visualizes volatility-adjusted price envelopes around a reference moving average.
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。
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。