raztrades

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ATR 50/100 Daily Levels — Day Trading Indicator
How it works:

Calculates 50% and 100% ATR levels from the previous close (or gap-adjusted base)
Determines trend direction using SMA 20 vs SMA 200 on the 5-min chart
After the first 5-min candle closes, analyzes its tail quality to generate an entry signal
Levels & Logic:

Bullish (SMA20 > SMA200): levels plotted ABOVE the base price
Bearish (SMA20 < SMA200): levels plotted BELOW the base price
Gap handling: Bearish gap-up uses 1st candle high as base; Bullish gap-down uses 1st candle low

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**ATR 50/100 Daily Levels**

Plots 50% and 100% ATR levels from previous close, with SMA 20/200 trend direction, previous day high/low, and first candle tail-based entry signal. Best on 5-min charts.

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Move Risk and Shares to a separate bottom-right table

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