ATR Distance from 50 SMA By DanBobDan

A simple indicator that measures the distance between current price and the 50 SMA

The average momentum swing trade might run 7 times the ATR before pulling back

Therefore, its recommended to not buy a stock that is beyond 4 times its ATR to the 50 SMA

This script will quickly and easily calculate the 50 SMA to ATR distance for you