This indicator plots Donchian Channel boundary lines along with dynamic fan projections directly on the price chart. It calculates the highest high, lowest low, and median price over a customizable lookback period. Whenever price establishes a new channel high
Indicator · Pine Script v5 · On the chart
Saty ATR Levels
Saty ATR Levels calculates projected support, resistance, trigger, and target levels overlaid on the price chart using Average True Range and Fibonacci ratios.
Repaints
GitHub stars2on the repository
Pine versionv5runs as is
Lines of code201
Settings18inputs
LicenceNone stated
Last update2 years ago24 Mar 2024
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
Saty ATR Levels supports multiple trading modes, including Day, Multiday, Swing, Position, and Long-term options. Target levels are calculated relative to higher-timeframe close prices, while an 8-21-34 EMA pivot ribbon provides background trend context. Settings allow users to adjust Fibonacci extensions, option labels, and display colors. Higher-timeframe data requests use lookahead mode, which affects historical bar alignment.
- Multiple trading modes based on ATR timeframes
- Call and put trigger levels using Fibonacci multipliers
- Trend status ribbon based on three EMAs
- Customizable target and extension level display
Details
Published by
mikah13 on GitHub
Code credit
Saty Mahajan, as written in the script's header
Type
Indicator, Pine Script v5
Draws
On the price chart
Category
Volatility & bands, Support & resistance, Trend
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
- Reads higher-timeframe data with lookahead on, so the history can show signals that were not there in real time
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Trading Type | string | day_trading | trading_type |
| Use Options Labels | bool | true | use_options_labels |
| ATR Length | int | 14 | atr_length |
| Trigger Percentage | float | 0.236 | trigger_percentage |
| Previous Close Level Color | color | color.white | previous_close_level_color |
| Lower Trigger Level Color | color | color.yellow | lower_trigger_level_color |
| Upper Trigger Level Color | color | color.aqua | upper_trigger_level_color |
| Key Target Level Color | color | color.silver | key_target_level_color |
| ATR Target Level Color | color | color.white | atr_target_level_color |
| Intermediate Target Level Color | color | color.gray | intermediate_target_level_color |
| Show All Fibonacci Levels | bool | true | show_all_fibonacci_levels |
| Show Extensions | bool | false | show_extensions |
Show all 18 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Level Size | int | 2 | level_size |
| Show Info Label | bool | true | show_info |
| Use Current Close | bool | false | use_current_close |
| Fast EMA | int | 8 | fast_ema |
| Pivot EMA | int | 21 | pivot_ema |
| Slow EMA | int | 34 | slow_ema |
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
Dynamic Linear Regression calculates and plots linear regression trendlines and standard deviation channels directly on the price chart over a user-selected time period. Traders can configure static channels locked at the end time, dynamic channels that contin
This indicator overlays trend-following Supertrend bands on the price chart using Average True Range calculations. It plots trailing stop lines, highlights active trend directions, and prints buy or sell shape labels when price closes across band thresholds. I
Calculates an ATR-based trailing stop overlaid on the price chart to assist with trend identification and stop placement. Using a specified ATR period and multiplier, it projects upper and lower bounds around the closing price. The stop line ratchets up during
Moon Dev Lunar Sniper is a multi-indicator overlay that scores confluence across fast and slow EMAs, RSI, MACD, DMI, and BB width to fire signals only when score meets the minimum threshold. It plots buy and sell signals on the price chart, highlights cosmic b
This overlay indicator plots a SuperTrend line on the price chart using a fixed ATR length of 10 and a factor of 3. When the trend direction is up it draws a green line and a light green fill toward the candle midpoint; when down it draws a red line and a ligh
Trade Your Charts With a Regulated Broker
Compare brokers that connect to TradingView, with spreads, minimum deposits and leverage side by side.
Compare brokers