This indicator maps market structure and supply and demand zones on the price chart. It marks validated and optional unvalidated swing highs and lows using a pivot length and extra confirmation bars. Consolidation and impulse moves are measured against ATR to
Indicator · Pine Script v5 · On the chart
ATR Matrix (SMA50 ATR x-multiples)
ATR Matrix calculates Average True Range and a 50-period Simple Moving Average to display multi-tier volatility levels and risk-reward metrics.
GitHub stars41on the repository
Pine versionv5runs as is
Lines of code90
Settings8inputs
LicenceNone stated
Last update2 days ago26 Oct 2026
Add It to Your TradingView Chart
- 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
ATR Matrix (SMA50 ATR x-multiples) project stop levels using negative ATR multiples from an entry price, alongside target levels from 0x to 11x ATR measured from the 50 SMA baseline. A visual table on the chart displays current ATR values, extension percentages, target levels, maximum returns, and reward-to-risk ratios based on a user-defined stop loss multiple.
- Dynamic dashboard displaying ATR metrics and extension statistics
- Multi-stage ATR price targets from 0x to 11x above SMA50
- Customizable entry price and ATR-based stop loss multiplier
- Reward-to-risk ratio and maximum return calculations
Details
Published by
ChartsLector on GitHub
Type
Indicator, Pine Script v5
Draws
On the price chart
Category
Volatility & bands, Support & resistance, Screeners & dashboards
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
File
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| ATR Length | int | 14 | atrLen |
| SMA Length | int | 50 | maLen |
| Entry Price (0 = use Close) | float | 0.0 | entryPrice |
| Stop Multiple (for Reward/Risk) | float | 1.5 | stopX |
| Decimals | int | 2 | decimals |
| Show symbol/last block | bool | true | showTicker |
| Show Return Max & Reward/Risk | bool | true | showRR |
| Table Text Size | string | normal | tableSize |
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.
Similar Pine Scripts
This indicator marks forex trading sessions and opening ranges on the price chart. It can draw Sydney, Tokyo, Frankfurt, London, and New York session boxes or five- and fifteen-minute opening ranges, plus an optional opening channel and a day-open range. Day r
This indicator plots average daily range levels on the price chart, together with optional standard-deviation and Fibonacci levels scaled from that range. Users set the lookback in days, a scale factor, and the visibility, color, and line style of the ADR line
This indicator plots average bar range (ABR) measured move targets, opening range boxes, and historical key reference levels directly on the price chart. It projects bullish and bearish targets (0.5x, 1.0x, 1.5x, 2.0x ABR) from the previous session's close, al
This indicator calculates a base moving average (EMA, SMA, WMA, or HMA) and projects multiple symmetrical envelope bands around it directly on the price chart. Users can adjust the length, source, moving average type, and initial envelope multiplier. Additiona
Bottom Level Finder is a support identification indicator designed to locate correction and re-entry zones directly on the price chart. It calculates horizon-adaptive Fibonacci retracements, drawdown percentage levels, moving averages, and integrated VIX volat
Trade Your Charts With a Regulated Broker
Compare brokers that connect to TradingView, with spreads, minimum deposits and leverage side by side.
Compare brokers