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Regi_Lantern

Basecamp AutoFib

Regi_Lantern  
Average True Range (ATR) Support and Resistance ATR auto automated support resistence
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averagetruerange supportandresistance atr auto automated support resistence
Automatic Fibonacci Support and Resistance derived from the recent Average True Range.

This tool is used as a guideline for where mathematically evident support and resistances are estimated to be.
Unlike typical methods, this will adjust as candles print and the ATR expands or contracts assisting the user in ensuring realistic price targets relative to the current movement.
Protected script
This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.
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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