ATR Distance Relative to Open

[krahsloop]

Hi all, on an intraday chart, is it possible to plot where a stock is currently trading from the open, in relation to its ATR? In other words, if a ticker's ATR is $4, and it is down $1 from the open, the calculation would show -.25 or -25% (as a chart label, watchlist, whichever). It may be a simple thing, but I have tried and failed to put it into code, searched extensively through the forum and interwebs, and have come up empty. Thanks to the community for any input!

 

[sevensa]

Here is something very basic and simple I've put together. I am still learning TS myself, so please double-check.

input ATR_Len = 10;
input averageType = AverageType.WILDERS;

def ATR_Period = AggregationPeriod.DAY;
def ATR = MovingAverage(averageType, TrueRange(high(period = ATR_Period), close(period = ATR_Period), low(period = ATR_Period)), ATR_Len)[1];

def O = Open(Period = ATR_Period);
#Use active chart Close as Daily close can have slightly different numbers.
def Distance = Close - O;

AddLabel(yes, "ATR: " + ATR);
AddLabel(yes, "From Open: " + Distance);
AddLabel(yes, "ATR%: " + Distance/ATR);