Displays daily percentage on the bottom right corner of chart. Formula: True Range / ATR * 100
Average True Range - Improved is a small variation I have made to the standard ATR indicator. It will test the current ATR against the Historic Average ATR of your preference to see if the current volatility is high or low. Once it has determined if it is high or low it will color code the circles at the top based on this information. Green means the current...
This indicator displays the Current Daily ATR vs the current Day Range and displays the percentage. For example if the Daily ATR is $5 and the current range of the day is $10 this would be 200% the original move. It is color coded (and can be modified) to change color when the Daily range is over 100% the ATR. The time frame can be changed from Daily just be...
The ATR Percent indicator is designed to help you discern market volatility increase and place trades based on the return to normalcy. Especially effective when trading Stocks.