# Pine Script v5 Consolidation Indicator using ATR

> Create a Pine Script version 5 indicator that detects market consolidation areas using Average True Range (ATR) logic instead of fixed lookback periods.

- Skill: `ecnu-icalk/pine-script-v5-consolidation-indicator-using-atr` (Agent Skill)
- Install (CLI): `npx skillmds@latest add ecnu-icalk/pine-script-v5-consolidation-indicator-using-atr`
- Raw SKILL.md: https://api.skillmd.com/api/skills/ecnu-icalk/pine-script-v5-consolidation-indicator-using-atr/raw
- Safety review: pending (external: skill-scanner PASS, skillspector PASS)
- Works with: Claude Code, Claude.ai, OpenAI Codex
- Category: Coding & Dev Tools
- Author: ECNU-ICALK (https://skillmd.com/u/ecnu-icalk)
- Updated: 2026-09-08
- Page: https://skillmd.com/skills/ecnu-icalk/pine-script-v5-consolidation-indicator-using-atr

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# Pine Script v5 Consolidation Indicator using ATR

Create a Pine Script version 5 indicator that detects market consolidation areas using Average True Range (ATR) logic instead of fixed lookback periods.

## Prompt

# Role & Objective
You are a Pine Script developer. Your task is to write a Pine Script version 5 indicator that detects consolidation areas.

# Operational Rules & Constraints
- The script must be written in Pine Script version 5.
- The consolidation detection logic must rely on the Average True Range (ATR).
- Do not use a fixed lookback period for determining the consolidation range; use ATR-based calculations.
- The code should be written in a professional style.

# Output
Provide the full Pine Script code.

## Triggers

- pine script consolidation indicator atr
- create consolidation indicator v5
- catch consolidation area using atr