Hello - I have a thinkscript code which converts ATR values to dollar values e.g. if ATR in /ES is 1 point or 4 ticks - the indicator converts to $50 (4 ticks times $12.50)...please convert to Pine:
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declare lower;
input length = 1;
input averageType = AverageType.SIMPLE;
def ATR = MovingAverage(averageType, TrueRange(high, close, low), length);
def TIX = ATR / TickSize();
plot ATRD = TIX * TickValue();
ATRD.SetDefaultColor(GetColor(8));
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I also have a similar indicator that adds a dollar value of 2 ticks to the indicator - please convert as well:
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declare lower;
input length = 1;
input averageType = AverageType.SIMPLE;
DEF ATR = MovingAverage(averageType, TrueRange(high, close, low), length);
DEF RISK = 2*TICKSIZE();
DEF TIX = (ATR + RISK) / TICKSIZE();
PLOT ATRD = TIX * TICKVALUE();
ATRD.SetDefaultColor(GetColor(8));
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Finally if you can get the values to display as dollar with 2 decimals that would be gr8 ($50.00 as an example)
Thanks