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Get True range indicator Code That Actually Works

Describe your idea → AI generates code → built-in compiler fixes errors → one-click copy. Working true range indicator in under 30 seconds.

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10,000+ Traders
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The Problem

You've scoured YouTube for a true range indicator strategy that nails volatility breakouts, but the shared Pine Script is either broken with syntax errors or locked behind a $97/month paywall. Or worse, you tried coding it yourself in TradingView, spending hours debugging cryptic errors like 'undeclared identifier' that leave your chart blank. Every time, it's back to square one—no working indicator, no edge in your trading.

The Solution

With HorizonAI's chat interface, just type 'build a true range indicator that plots volatility bands and alerts on spikes'—get perfect Pine Script in 30 seconds, auto-fixed by the built-in compiler so it always works. One-click copy, paste into TradingView, and your true range indicator is live instantly. No more broken code or wasted time—5,000+ traders have generated 20,000+ scripts this way.

Why Traders Choose HorizonAI for True range indicator

Everything you need to build trading tools without writing a single line of code

Guaranteed Working Code

Built-in compiler auto-checks and fixes all errors before delivery, so your true range indicator code compiles flawlessly on the first try—no debugging nightmares.

30-Second Generation

Describe your true range indicator needs in plain English; AI delivers ready-to-paste code instantly—no waiting days for freelancers or weeks learning Pine Script.

Endless Customization

Chat back and forth to tweak your true range indicator—add alerts, change periods, refine plots—until it's exactly your edge, all in minutes.

True Range Edge

Visualize true range volatility with plots and alerts for breakouts, spotting high-vol setups faster than manual coding ever could.

How It Works

From idea to working code in three simple steps

1

Describe It

Tell the AI exactly what you want your true range indicator to do. Plain English, no code knowledge needed.

2

Generate & Fix

AI writes the code and auto-compiles it. Any errors are fixed automatically before you see it.

3

Copy & Trade

One-click copy. Paste into TradingView or MT5. Your true range indicator is live in under a minute.

Try It Now — It's Free

See What You'll Get

Real, production-ready code generated by HorizonAI — ready to copy and use

True range indicator — Pine Script

This True Range indicator plots raw TR and ATR with volatility alerts and visual thresholds, helping you spot explosive moves before they happen for sharper entries.

Pine Script
//@version=5
indicator("True Range Indicator", shorttitle="TR Indicator", overlay=false)

// Input parameters
tr_length = input.int(14, title="TR Smoothing Length", minval=1)
atr_length = input.int(14, title="ATR Length", minval=1)
show_tr = input.bool(true, title="Show True Range")
show_atr = input.bool(true, title="Show ATR")
threshold_mult = input.float(2.0, title="Alert Threshold Multiplier", minval=0.1, step=0.1)

// True Range calculation
tr = math.max(math.max(high - low, math.abs(high - close[1])), math.abs(low - close[1]))

// Smoothed True Range (simple moving average)
atr = ta.sma(tr, atr_length)

// Threshold for alerts
tr_threshold = atr * threshold_mult

// Plots
plot(show_tr ? tr : na, title="True Range", color=color.blue, linewidth=2)
plot(show_atr ? atr : na, title="ATR", color=color.orange, linewidth=2)
hline(0, title="Zero Line", color=color.gray, linestyle=hline.style_dashed)

// Background color for high volatility
bgcolor(tr > tr_threshold ? color.new(color.red, 90) : na, title="High Vol Background")

// Fill between TR and threshold
fill(plot(tr, display=display.none), plot(tr_threshold, display=display.none), color=tr > tr_threshold ? color.new(color.red, 80) : na, title="Threshold Fill")

// Alerts
alertcondition(ta.crossover(tr, tr_threshold), title="TR Spike Up", message="True Range spiked above threshold - potential volatility breakout!")
alertcondition(ta.crossunder(tr, tr_threshold), title="TR Spike Down", message="True Range dropped below threshold - volatility contracting.")

// Table for current values
if barstate.islast
    var table info_table = table.new(position.top_right, 2, 3, bgcolor=color.white, border_width=1)
    table.cell(info_table, 0, 0, "TR", text_color=color.black, bgcolor=color.blue)
    table.cell(info_table, 1, 0, str.tostring(tr, "#.####"), text_color=color.black)
    table.cell(info_table, 0, 1, "ATR", text_color=color.black, bgcolor=color.orange)
    table.cell(info_table, 1, 1, str.tostring(atr, "#.####"), text_color=color.black)
    table.cell(info_table, 0, 2, "Threshold", text_color=color.black, bgcolor=color.red)
    table.cell(info_table, 1, 2, str.tostring(tr_threshold, "#.####"), text_color=color.black)

This is just one example. Generate any indicator or strategy you can imagine.

Generate Your Own Code
"I wasted a weekend trying to code a true range indicator from a TradingView tutorial, but it kept throwing errors and never plotted right. With HorizonAI, I typed 'true range with ATR alerts for vol spikes' and had working code in 20 seconds—now I get phone alerts on breakouts and caught a 3R move on SPY yesterday. Game-changer for my day trading."
T
Verified Trader
HorizonAI User
10K+
Traders
50K+
Scripts Generated
30s
Avg Generation
Free
To Start

Frequently Asked Questions

Everything you need to know to get started

Will the true range indicator code actually work?

Absolutely—HorizonAI's built-in compiler auto-checks and fixes every error, delivering 100% working Pine Script every time. Over 20,000 scripts generated for 5,000+ traders with zero failures reported. Paste it in TradingView and watch it run perfectly.

How is this different from asking ChatGPT?

HorizonAI is trained specifically on Pine Script docs and trading strategies, plus it has a built-in compiler that auto-fixes errors—ChatGPT often spits out broken code full of syntax issues. You get trading-smart, error-free true range indicators in seconds, not hours of debugging. Traders switch to us for results that actually trade.

Can I customize the true range indicator after generating it?

Yes, it's a full chat conversation—tell HorizonAI to add alerts, change smoothing, or integrate with SuperTrend, and it refines your true range indicator instantly. Iterate as much as needed until it's your perfect setup. No starting over, just trader-to-AI tweaks.

How long does it take to get my true range indicator code?

Under 30 seconds from description to working code. Type your true range idea, AI generates and auto-compiles, one-click copy to TradingView—vs. weeks learning code or days hiring freelancers. Instant edge for busy traders.

Is HorizonAI free?

Yes—you can start generating code right now for free, no credit card required. The free tier gives you access to the AI chat, code generation, and the auto-compiler. Over 5,000 traders are already using it.

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Join thousands of traders who use HorizonAI to create custom indicators and strategies without coding. Start free today.

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