AXR-VolSD-Loc

📈 AXR-VolSD-Loc — Volatility & Range Mapping Tool for Smart Traders
The AXR-VolSD-Loc indicator is a professional-grade tool designed for traders who rely on precise volatility analysis and structured range-based levels. It combines dynamic volatility bands with configurable price ranges such as ADR, AWR, AMR, and AQR — offering strategic clarity across all timeframes.

🔍 Key Features
Multi-Timeframe Range Calculation
Supports Daily (ADR), Weekly (AWR), Monthly (AMR), and Quarterly (AQR) ranges — each with independent period controls.

Standard Deviation Volatility Bands
Automatically or manually calculate standard deviation (%) to plot multiple upper/lower levels from a base price reference.

Fully Customizable Lines & Labels
Choose the number of bands, enable half-volatility levels, apply color gradients, customize line styles, widths, label positions, font sizes and offsets.

Flexible Anchor Logic
Set the base line for volatility from Hi/Lo/50%/0% of AXR, or input your own manual price — ideal for ICT model alignment.

Smart Visuals & Optimized Drawing
Clean line and label management using line.new() and label.new() with efficient updates only when required.

Data Table & Summary Panel
Floating table displays key metrics like high/low range, midpoint, volatility settings, and source references.

Built-In Alerts
Receive alerts when price approaches key volatility levels or AXR range extremes — ideal for anticipating institutional behavior.

🛠️ How to Use & Configure
1. Choose the Range Mode
In "AXR Mode & Period Settings", select your preferred range type:

Daily (ADR) – Short-term or intraday.

Weekly (AWR) – Medium swing positions.

Monthly (AMR) – Optimal for higher-timeframe structure.

Quarterly (AQR) – Best for macro-level zones.

Then define the number of days/weeks/months/quarters used to calculate each.

2. Define the Volatility Base Line
Under "Volatility Base Line Settings", configure the anchor:

Use 0% AXR for midpoint, or Hi/Lo/50% for edges.

Manual mode allows custom price input.

Adjust the line color, style, and thickness.

3. Configure Standard Deviation
In "Standard Deviation - Calculation & Levels", select the source:

Automatic AXR — calculates % based on AXR range.

Manual — allows custom % input.

Define how many levels above/below the base line.

Use the scale factor to adjust relative strength (e.g., 0.5 = 50% of AXR).

4. Adjust Visual Display
In "Display & Labels":

Enable or disable volatility lines.

Use color progression for intensity from blue to red.

Show or hide intermediate lines (half deviation).

Choose label alignment: right, center, or left.

Fine-tune label position with candle offset and text size.

5. Extend Lines and Define Visibility
You can choose to extend the lines left, right or both directions — or use a fixed number of bars when not extended.

This applies to both volatility lines and AXR levels.

6. Show AXR Hi/Lo/50%/0% Lines
In "AXR Levels":

Enable display of Hi, Lo, midpoint, and 50% levels.

Toggle display of AXR open levels (MO-based).

Customize style, color and width of each line.

7. Enable the Table (Optional)
Turn on the floating data table to see a quick summary:

Range high/low/midpoint.

Volatility multiplier.

Source (manual vs automatic).

Period length.

Useful for fast review during market sessions.

8. Alerts
Receive automated alerts when price approaches:

AXR Hi/Lo

0% midpoint level

Custom-defined deviation bands

✅ Use Cases
Define and monitor volatility zones around structured ranges.

Combine AMR or AQR with deviation bands for swing setups.

React to price imbalances at 50% or 0% AXR zones.

Integrate with order blocks, liquidity zones or ICT-based confluences.

Questions or suggestions? Contact us via TradingView message or in the comments.
Happy trading!