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Atr_normalized

ATR _NormalizedThis script is good to use with Williams %R indicator, to find out when price has bottomed out. ATR has to be over 90 and Williams %R ( lenght 52 ) has to be over 95 to find out level around which one is good to buy. You can check back, to see that this worked very well over history. Best way to use this 2 indicators is with DCA ( dollar cost average ), as area where to buy can go a little bit down and up for as long as few months. So dont just jump in, use DCA .
Pine Script® indicator
by Devil1986
May 11, 2020
22

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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