OPEN-SOURCE SCRIPT
ET-ATR-Price-Overlay
Overlays the Average True Range high/low over Price. Shifts between support and resistance levels (based on ATR-21) according to price trend and breaks.
Average true range: en.wikipedia.org/wiki/Average_true_range
EmpoweredTrader
Average true range: en.wikipedia.org/wiki/Average_true_range
EmpoweredTrader
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.
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