OPEN-SOURCE SCRIPT

Performance vs ATR

246
This indicator helps spot stocks that moved efficiently — meaning big gains with relatively low volatility.

It compares recent price performance to ATR. If the Performance/ATR ratio is 1 or higher, that means the stock moved at least 1 ATR per day on average — a common trait of past breakout winners.

Use it to:

Find strong movers relative to volatility

Identify breakout candidates

Filter stocks with better risk/reward potential

The ratio is smoothed with a moving average, and reference lines at +1 and -1 ATR/day help you gauge extremes. Plots are customizable in the Style tab.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.