📊 TickerTrendz - TradeScope

What This Indicator Does — In Plain English
This indicator helps you understand how much the market might move today and tomorrow, so you can trade smarter.

Here’s how it works:

Today’s Expected Range (Intraday ATR Projection):

It measures how much the market typically moves in a day (called ATR).

Starting from when the overnight Globex session opens at 5 PM CST, it draws lines showing 20%, 60%, and 100% of that typical daily movement above and below today’s session open price.

It also tells you, in real time, how far price has moved relative to that typical range, shown as a percentage. For example, “You’re 60% through today’s expected move.”

This helps you see if the market is calm, just starting to move, or already reaching typical daily highs or lows.

Tomorrow’s Volatility Forecast:

Using yesterday’s price moves, yesterday’s daily volatility, and average market volatility, it predicts how volatile the market might be tomorrow.

It colors the forecast to show if tomorrow is likely to be a normal day (green), a high volatility day (orange), or an extreme volatility day (red).

This gives you a heads-up if you should expect big moves or more calm trading the next day.

All Info in One Place:

Instead of cluttering your chart with many labels, all this info is neatly shown in a box on the top-right corner of your chart.

You get a quick snapshot of both today’s progress and tomorrow’s volatility forecast without distraction.

Why It Helps You
Manage your trades better: Knowing how much the market tends to move helps you place smarter stops and targets.

Prepare for volatility spikes: You’ll get a warning before big moves so you can adjust your trading style or risk.

Stay aware intraday: See if the market is already “done moving” for the day or if there’s still room for big swings.