OPEN-SOURCE SCRIPT
ATR Bands over 50D SMA (% method)
Indicator that shows multiples of ATR% above the 50d SMA as bands on a chart, building off of
Jeff Sun 's methodology. You should tinker with the settings to chose your multiples, colors and which multiple lines to show. I don't know if the negative multiple lines have any use, so I turn mine off. Offered as is. I am not a programmer. Note the other indicators shown on the print screen are not mine.
Jeff Sun 's methodology. You should tinker with the settings to chose your multiples, colors and which multiple lines to show. I don't know if the negative multiple lines have any use, so I turn mine off. Offered as is. I am not a programmer. Note the other indicators shown on the print screen are not mine.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.