Average true range (ATR) is a volatility indicator that shows how much an asset moves, on average, during a given time frame. The indicator can help day traders confirm when they might want to initiate a trade, and it can be used to determine the placement of a stop-loss order.


ATR settings


This indicator doesn’t send alerts


Because the ATR indicator doesn’t show direction but only strength of a trend, there are no indicator signals.


PeriodThe number of periods evaluated by the indicator
Downslope colorThe indicators background color when the ATR slope is pointing downwards and is below its Moving Average
EMA plotThe visual settings of the Exponention Moving Average of the ATR
ATR plotThe visual settings of the ATR