A Pine Script trading tool combining ATR Oscillator and Volume Screener to analyze cryptocurrency market volatility and trading volumes across multiple digital assets simultaneously.
Explore complementary indicator rolesHow it works
The ATR OSC and Volume Screener calculates true range using high, low, open, and close prices in a modified z-score calculation. It generates a color-coded heatmap displaying volatility and volume indicators across cryptocurrencies.
The ATR Oscillator uses longer lookback periods to maintain scale integrity, unlike traditional RSI. The Volume Screener normalizes trading volumes to filter outliers and highlight significant trading opportunities
Why it may be useful
This tool provides traders with a comprehensive overview of cryptocurrency market dynamics. By visualizing multiple cryptocurrencies simultaneously through color gradients, traders can quickly identify potential trading opportunities.
The unique ATR Oscillator offers more precise volatility assessment compared to traditional indicators. The Volume Screener helps detect unusual trading volumes, enabling traders to make more informed decisions
When to explore it
The ATR OSC and Volume Screener works best when analyzing multiple cryptocurrencies simultaneously. It is particularly useful during market transitions, volatile periods, and when seeking to compare different digital assets.
Traders can leverage this tool to identify oversold or overbought conditions across various cryptocurrencies. It is most effective for traders wanting a quick, visual representation of market trends and potential trading opportunities
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What we’ve verified
Access, alerts and repainting behaviour have not been independently verified for this indicator. Check the creator’s current publication and settings.
General descriptions and classifications are recovered research. Verified details above identify the specific checks we have completed. Check the creator’s current publication for later changes.
