SD - Average True Range v5 - Double — Indicator by hakanar

averagetruerange pivotpoints sd atr sdatr

SD - Average True Range - Daily Weekly Monthly Yearly v5

It gives ATR intervals as 4 hours, daily, weekly, monthly and yearly. The expectation is to fill the ATR targets within the specified ranges. It can be used to determine target points on charts with a clear direction on the train.

Unlike the previous version, it is provided to use 2 different periods in the same indicator.

Note: Developed based on the source codes of the original SD ADR indicator.

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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