OPEN-SOURCE SCRIPT
Saty ATR Levels
Updated
This indicator uses the previous period close and +/- 1 ATR to display significant day, multiday, swing, and position trading levels including:
- Trigger clouds for possibly going long/short @ 23.6 fib
- Mid-range level at 61.8 fib
- Full range level at +/- 1 ATR (from previous close)
- Extension level at 161.8 fib
Additionally, a convenient info table is provided that shows trend, range utilization, and numerical long/short values.
This indicator is most beneficial when you combine it with price, volume, and trend analysis. For educational content please check out the indicator website at atrlevels.com.
I am constantly improving this indicator, please use this one if you want to continue to get new features, bug fixes, and support.
- Trigger clouds for possibly going long/short @ 23.6 fib
- Mid-range level at 61.8 fib
- Full range level at +/- 1 ATR (from previous close)
- Extension level at 161.8 fib
Additionally, a convenient info table is provided that shows trend, range utilization, and numerical long/short values.
This indicator is most beneficial when you combine it with price, volume, and trend analysis. For educational content please check out the indicator website at atrlevels.com.
I am constantly improving this indicator, please use this one if you want to continue to get new features, bug fixes, and support.
Release Notes
Added a full 2 ATR extension set.Overhauled Trend Label based on Saty Pivot Ribbon
Release Notes
Added plot titles for easier identification.Release Notes
Added Long-term mode. Useful with indexes in particular.Release Notes
Added 3 ATR extensions.Release Notes
- Added additional fib levels (optional). Note: Only available up to 2 ATR.- Cleaner ATR Levels and transitions
- Trend label is merged into header to save space in the info box
- Extensions are now on by default
- Settings is cleaned up and simplified.
NOTE: This will likely not be compatible with your saved templates and settings.
Release Notes
Added back the ability to change the previous close color.Release Notes
- Fixed a typo on the Level Size label in Settings- Fixed a bug with the color assigned to the key 123.6% and 223.6% levels.
Release Notes
Fixed a bug where the 0.786 levels were being miscalculated.Release Notes
Small quality of life improvement. ATR, key, and intermediate targets all have different colors. So 1 ATR and 61.8% are back to being differentiated.Release Notes
By popular request I have:- Turned on all levels by default
- Turned off extensions by default
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.