MT4 indie converted to Pine.
Multiplier:Multiplier of the ATR by X (Multiplier * ATR)
Coloring methods:original is based on which buffer is calculated bufferUp or bufferDn.If its unchecked the the color is based on the direction fo the plot.
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.