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Spot Overstretched Moves: Build a VWAP+ATR Price Stretch Detector in Pine Script
- Combining VWAP and ATR helps in measuring price extremes more accurately.
- ATR measures normal price volatility over a given period, setting a baseline for comparison.
- User-controlled settings in the stretch detector determine its sensitivity and smoothness.
- The stretch detector visually highlights price stretches beyond set thresholds for better decision-making.
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