DTR LABEL

[Mcanabal]

Can somebody get a simple DTR indicator (not VS ATR), because just interested in volatility for specific day and not average or comparison with the last 14 days .......

 

[mark.917]

Can somebody get a simple DTR indicator (not VS ATR), because just interested in volatility for specific day and not average or comparison with the last 14 days .......

Like this?

def period_high = Highest(high(period = AggregationPeriod.DAY), 1);
def period_low = Lowest(low(period = AggregationPeriod.DAY), 1);
def range = period_high - period_low;

AddLabel(yes, "Today's Range = " + Round(range, 2), Color.GRAY);

 

[QUIKTDR1]

Like this?

def period_high = Highest(high(period = AggregationPeriod.DAY), 1);
def period_low = Lowest(low(period = AggregationPeriod.DAY), 1);
def range = period_high - period_low;

AddLabel(yes, "Today's Range = " + Round(range, 2), Color.GRAY);

View attachment 19801

There is also this a comparison of today's range and ATR

##### TS ATR
##### Made By Leonard
##### Version 1
##### 4/23/2015
##### Copyright Leonard Tulko 2014 - 2015 All rights reserved
##### This software is licensed for individual use only.
# Here is a label for the thinkorswim charts that will display what the atr is and also display what the day range based of the high – the low
# http://tradingsmart.net/indicators/average-true-range-label/

 

[Mcanabal]

Like this?

def period_high = Highest(high(period = AggregationPeriod.DAY), 1);
def period_low = Lowest(low(period = AggregationPeriod.DAY), 1);
def range = period_high - period_low;

AddLabel(yes, "Today's Range = " + Round(range, 2), Color.GRAY);

View attachment 19801

Nice...... Thanks this is it!!!!!, Just a question can be add the way to change automatically red or green to the absolute price movement.??????

 

[mark.917]

Nice...... Thanks this is it!!!!!, Just a question can be add the way to change automatically red or green to the absolute price movement.??????

The price movement in reference to what? The previous day close, the current day open, other?

This code will color the label green if the current close >= the open otherwise it will color it red.

def period_high = Highest(high(period = AggregationPeriod.DAY), 1);
def period_low = Lowest(low(period = AggregationPeriod.DAY), 1);
def range = period_high - period_low;

AddLabel(yes, "Today's Range = " + Round(range, 2), if close >= open then Color.GREEN else Color.RED);

 

[Mcanabal]

in reference to the opening of the current
day

thanks a lot buddy