OPEN-SOURCE SCRIPT

Ripster: DTR/ATR + SMA Div + RVOL

90
🧭 Overview

The indicator combines three major analytical tools into one TradingView Pine v6 script — designed for clean, at-a-glance insight into range, divergence, and volume activity.

It shows:

DTR vs ATR Table – current Daily True Range compared to Average True Range.

SMA Price Divergence + EMA Signal – a histogram with color-coded momentum bands.

RVOL Table + Candle Coloring + Change Labels – relative-volume analysis with visual cues on the chart.

Short title: ripcombo
Runs on chart overlay (no separate pane).

📊 1. DTR vs ATR Table

Compares today’s price range (High-Low) to the average true range over a selectable length.

Supports multiple smoothing methods: EMA, RMA, SMA, WMA.

Table position and text size are configurable.

Color logic:

🟢 ≤ 70 % of ATR → low volatility

🟡 70–90 % → average

🔴 ≥ 90 % → expanded range

📈 2. SMA Divergence + EMA Signal

Computes fast (14 SMA) and slow (30 SMA) divergences of price.

Plots two histograms plus an EMA signal line of the slow divergence.

Visuals:

Columns shaded by transparency for clarity.

Rising EMA → lime line (up momentum).

Falling EMA → red line (down momentum).

Optional upper/lower bands and zero line provide quick overbought/oversold zones.

🔥 3. RVOL (Relative Volume)

Adds powerful volume-based context:

a. Table Display

Shows:

Candle Volume

RVOL (Now)

RVOL (Prev)

Δ RVOL (change Now − Prev)

Colors:

🔴 > 200 % (very high volume)

🟠 100–200 % (high volume)

🟡 < 100 % (normal/low volume)

Δ column is green ▲ for increase, red ▼ for decrease.

b. Candle Coloring (optional)

Colors price candles themselves by current RVOL threshold so high-volume candles visually stand out.

c. Last-Bar Label (optional)

Prints a compact label on the latest candle showing:
RVOL: ### % Δ: ▲/▼## %
so you can instantly see the current volume strength and how it changed from the previous bar.

⚙️ User Settings

All major elements are toggle-controlled:

Enable/disable ATR, Divergence, or RVOL sections.

Choose table positions (top/middle/bottom × left/center/right).

Select text sizes, smoothing types, color modes, and visual transparency.

Candle coloring + label visibility are optional.

🧠 At a Glance
Component Purpose Key Visuals
DTR vs ATR Measures volatility expansion One-cell colored table
SMA Divergence Detects price momentum shifts Columns + EMA line + bands
RVOL Analysis Highlights unusual trading volume Colored table + Δ column + candle colors + label
✅ Result

You get a single on-chart tool that:

Quantifies volatility, momentum, and volume context together.

Highlights strong activity days (ATR & RVOL) in color.

Shows whether current candle’s volume is rising or falling vs the previous.

Perfect for spotting breakouts, reversals, or exhaustion moves without switching indicators.

Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.