Session ATP (Trend Colored)

📌 Average Traded Price (ATP) – What It Means

ATP (Average Traded Price) is the weighted average price at which a stock has traded during the session, considering both price and volume.
It tells you where the majority of money has actually traded — not just the candle close.

If price stays above ATP → Buyers are in control

If price stays below ATP → Sellers dominate

ATP is like the intraday fair value of the stock.

📌 How ATP Helps in Trading

ATP gives three major insights:

1️⃣ Strength of Trend (Real Strength)

ATP rises only if strong volume enters at higher prices.
So, a rising ATP confirms genuine bullish strength, not fake moves.

ATP falling confirms real selling pressure, not random dips.

2️⃣ High-Probability Retests

Price often pulls back to ATP before taking the next direction.

Price above ATP → ATP becomes support

Price below ATP → ATP becomes resistance

This makes ATP extremely useful for intraday entries.

3️⃣ Identifying Where Big Players Are Positioned

Since ATP is volume-weighted, it reflects where institutions and big orders traded most.

If price stays above the level where institutions bought → trend is strong

If price stays below their cost → trend is weak

📌 How ATP Indicates Price Direction

In your improved version, ATP is trend-colored:
✔ Green → ATP rising → buyers dominating
✔ Red → ATP falling → sellers dominating
✔ Gray → sideways

Direction rule:

Bullish bias when price > ATP and ATP rising

Bearish bias when price < ATP and ATP falling

No-trade zone when price and ATP are flat / tangled

ATP often acts as:

Magnet in consolidation
Springboard in uptrend
Ceiling in downtrend
This helps you judge whether the move is:
A breakout with strength, or

A fake move without volume support.

🔥 Final Line

ATP is one of the few indicators that shows where the real money is trading, making it an excellent guide for intraday trend confirmation, support/resistance, and entry timing.