Ultimate ATR Pro

Ultimate ATR Pro - Professional Volatility Analysis Tool
​Unlock Market Turning Points with Precision Volatility Analysis​

Key Features
1. Advanced ATR Calculation Engine
​4 MA Types: RMA (Wilder's), SMA, EMA, WMA
​Customizable Period: Adjust ATR length (default: 14)
​Multi-Timeframe Compatible: Works on all chart intervals
2. Smart Volatility Extremum Detection
​Low Volatility Signals: Identifies ATR contraction periods
​High Volatility Signals: Detects ATR expansion phases
​Custom Lookback Period: Set detection window (10-500 bars)
3. Professional Divergence System
​Bullish Divergence: Price ↑ while ATR ↓ (trend continuation signal)
​Bearish Divergence: Price ↓ while ATR ↑ (trend acceleration signal)
​Visual Connection Lines: Dotted lines highlight price-ATR relationships
4. Visual Extreme Value Lines (NEW!)
​Lowest ATR Line: Customizable dotted line showing minimum volatility level
​Highest ATR Line: Customizable dotted line marking maximum volatility level
​Dynamic Positioning: Auto-updates with each new bar
5. Complete Customization System
​Full Color Control:
Signal markers (low/high volatility)
Divergence labels
ATR line
Extreme value lines
Background highlights
​Toggle Features: Enable/disable any visual element
6. Intelligent Alert System
​Dual Alert Types:
Volatility Extremes (Low/High ATR)
Divergence Signals (Bullish/Bearish)
​Smart Cooldown: Prevent alert fatigue with adjustable cooldown period
​Visual Alert Tags: Color-coded notifications at chart top
7. Professional Dashboard
Real-time status monitoring:
Current volatility state
Cooldown timers
Extreme ATR values
Divergence detection status
Color-coded for instant recognition
How Traders Benefit
Strategic Applications
markdown
复制
| SIGNAL | MARKET CONDITION | TRADING IMPLICATION |
|-----------------------|---------------------------|------------------------------------|
| Low Volatility | Contraction/Consolidation | Prepare for breakout strategies |
| High Volatility | Expansion/Climax | Watch for reversals or pauses |
| Bullish Divergence | Price↑ ATR↓ | Trend continuation opportunity |
| Bearish Divergence | Price↓ ATR↑ | Trend acceleration warning |
| Lowest ATR Line Break | Volatility breakout | Confirm directional movement |
Risk Management Tools
​ATR-Based Position Sizing: Use extreme values to calculate optimal trade size
​Dynamic Stop Loss: Adjust stops based on current volatility regime
​Volatility Filtering: Avoid trading during uncertain high-volatility periods
Setup Recommendations
Parameter Guide
pine
复制
length: 14 // Standard ATR period
lookback: 50 // Optimal for swing trading
cooldownPeriod: 14// Balanced alert frequency
minLineColor: #00C853 // Bright green for low volatility
maxLineColor: #FF3D00 // Bright red for high volatility
Professional Configurations
​Day Trading: Lookback=20-30, Cooldown=5-10
​Swing Trading: Lookback=50-100, Cooldown=10-20
​Position Trading: Lookback=100-200, Cooldown=20-50
Why Choose Ultimate ATR Pro?
"Transforms complex volatility analysis into clear, actionable visual cues - the essential tool for breakout traders and risk managers alike."

​Install Now To:

Spot consolidation before big moves
Identify exhaustion at trend extremes
Automate volatility-based position sizing
Receive instant alerts at critical volatility turns
Gain professional-grade insights into market dynamics
Master market rhythms with the most advanced ATR analysis tool on TradingView!

​Compatibility: Works flawlessly across stocks, forex, crypto, and commodities on all timeframes.
​Version: 2.0 (Enhanced with Extreme Value Lines)
​Category: Volatility Analysis | Risk Management | Professional Trading