faken

Average True Range (ATR) invisible price markers / lines

faken Updated   
This script provides the ATR price when added to the top and bottom of the currently hovered candle.
The prices are shown top left next to the indicators' name.
This means you do not have to manually subtract or add ATR to price.

Line opacity allows you to show the lines where the ATR is, however, I recommend to keep this disabled.
Line type allows you to choose where ATR is calculated from (LowHigh or LowHighBody), the second ignoring the wicks, however LH is standard.
I also recommend to keep the other parameters as default.
I hope this indicator provides useful to you and your trading.
Release Notes:
Added chart demonstration (you can disable in settings), and removed unneeded comments.
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 a 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.

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