ATR Label for ThinkorSwim

[roger80k]

Hi Guys if anyone has DTR VS ATR indicator and can post a script for TOS would really appreciate it.

#
# Copyright 2014 Scott J. Johnson (https://scottjjohnson.com)
#
# Licensed under the Apache License, Version 2.0 (the "License");
# you may not use this file except in compliance with the License.
# You may obtain a copy of the License at
#
#      http://www.apache.org/licenses/LICENSE-2.0
#
# Unless required by applicable law or agreed to in writing, software
# distributed under the License is distributed on an "AS-IS" BASIS,
# WITHOUT WARRANTIES OR CONDITIONS OF ANY KIND, either express or implied.
# See the License for the specific language governing permissions and
# limitations under the License.
#

#
# ATRLabel
#
# Displays Average True Range over the last 40 periods and the current period
#
input ATRLength = 40;

# historical ATR
def ATRValue = Average(TrueRange(high,  close,  low),  ATRLength);
def ATRPercent = ATRValue / close * 100;

# current period range
def ATRLastBar = TrueRange(high,  close,  low);

AddLabel(yes, ATRLength + " Period ATR = $" + Round(ATRValue, 2) + " (" + Round(ATRPercent, 2) + "%), Current Period Range = $" + Round(ATRLastBar, 2) + " (" + Round(ATRLastBar / close * 100, 2) + "%)", CreateColor(153, 153, 0));

 

[_GreenSmile_]

Hello,

The script below shows me a label for the ATR from 1 bar ago. The only issue is that the value changes when I change the time frame. Is it possible to change it to show only the daily ATR. So for example, if the daily ATR from yesterday is 1 and I change to a 5 minute time frame the label will still show 1. Thank you.

input length = 14;
input averageType = AverageType.WILDERS;
plot ATR = MovingAverage(averageType, TrueRange(high, close, low), length);
AddLabel(yes, Concat("ATR1 = ", ATR[1]), Color.YELLOW);

Basically I want the label to show me the daily ATR from 1 bar ago on all time frames. So the value stays the same, it never changes.

 

[charliecoinz]

ATR is already available in ThinkorSwim. I'm not sure about DTR but there is one called Average Daily Range posted here.

Can the ATR label be added to mobile TOS?

 

[MerryDay]

Can the ATR label be added to mobile TOS?

The ToS mobile app does not allow labels

 

[khpro59]

Can the ATR label be added to mobile TOS?

In case anyone is still looking for a script: ATR with DTR Label

 

[BlackGoldTradr]

Hey, All - I'm just looking for a simple ATR label so I can save some screen space for the indicator pane. Looking for all the normal settings options for ATR, but want to display it as a numerical label rather than as an indicator. I'm not up to speed on ThinkScript and think this is probably a fairly easy label to make so thought it might be in here. I haven't found anything in searching, though, so hoping someone might be able to provide some help. Thanks!

 

[MerryDay]

Hey, All - I'm just looking for a simple ATR label so I can save some screen space for the indicator pane. Looking for all the normal settings options for ATR, but want to display it as a numerical label rather than as an indicator. I'm not up to speed on ThinkScript and think this is probably a fairly easy label to make so thought it might be in here. I haven't found anything in searching, though, so hoping someone might be able to provide some help. Thanks!

Your Post was moved to this thread. Here there are several different examples of ATR labels.
Try them out and see what suits you best.

 

[MTG]

In case anyone is still looking for a script: ATR with DTR Label

@khpro59 Is there a way to use this label on a ticker but reference another ticker?

For example: If I wanted to have it display on /ES but show the DTRvsATR of the Nasdaq100? I thought using something like this would do it but not quite. Any help you could provide would be great.

Def Ndad = (price = close(symbol = "/nd"));