OPEN-SOURCE SCRIPT

Relative True Range

By tmr0
Dots show the total movement for the period as a percentage (profit potential).
Line shows the volatility of the period in relation to the beginning of the period.
tmr0TRtruerange

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

Want to use this script on a chart?

Disclaimer