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Indicator 18

Daily ATR Levels

How far is this thing allowed to run today? Volatility-scaled levels, drawn before you trade.

Chart overlay · Intraday, any · Any liquid stock, ETF or futures chart

What it shows

How it reads the market

A stock that moves two dollars a day treats a two-dollar target very differently than one that moves ten. Scaling the day's map by ATR puts every name on the same footing: the one-ATR band is roughly a normal day's reach, and price beyond 1.5 ATRs is having an unusual day.

Settings

SettingDefaultWhat it does
ATR length 14 days The volatility window behind the bands.
Anchor Today's open Draw the bands off the open or the prior close.
Multiples 0.5 / 1.0 / 1.5 Each band toggles separately, plus a custom multiple.

Everything is an input: colors, thresholds and time windows adjust from the indicator's settings panel, no code needed.

Built-in alerts

Set them once from TradingView's alert dialog and get notified on your phone, no chart-watching required.

Comes with the membership

The whole indicator suite is included with the paid plan, $20/month or $200/year. Subscribe, submit your TradingView username, and the scripts land in your TradingView library.

Founding offer: 50% off the first year, 6 days left.

Get full access

How to add it to your chart

  1. Request access above with your TradingView username (one request covers the whole suite).
  2. We grant it on TradingView, usually within 24 hours; TradingView notifies you.
  3. On your chart, open Indicators → Invite-only scripts and add Daily ATR Levels.