This indicator calculates rolling dollar-denominated trade volume across four preset horizons (24 hours, 12 hours, 4 hours, and 1 hour) along with Normalized Average True Range (NATR).
1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
Объём 24/12/4/1ч + NATR + Тренды compares current rolling volumes to previous bar values to indicate volume trend direction with directional arrows. The metrics are displayed inside an on-chart information table positioned at the bottom right. User settings allow toggling the volume and NATR displays and adjusting the NATR period, smoothing length, and cell colors.
Multi-timeframe rolling dollar volume calculation
Volume trend change indicators with visual arrows
Normalized Average True Range calculation with smoothing
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Период NATR
int
14
natrLength
Сглаживание NATR
int
14
natrSmooth
Показать объёмы
bool
true
showVolume
Показать NATR
bool
true
showNATR
24ч объём
color
color.new(color.blue, 0)
color24h
12ч объём
color
color.new(color.orange, 0)
color12h
4ч объём
color
color.new(color.green, 0)
color4h
1ч объём
color
color.new(color.purple, 0)
color1h
NATR
color
color.new(color.red, 0)
colorNATR
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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