An ATR Semaphore Indicator for Rising Volatility

Summary

The document describes a semaphore-style trading indicator based on Average True Range. A signal appears when ATR begins to rise after having fallen, so the indicator is designed to mark a change in volatility rather than a stated directional forecast. Its color is determined by the direction of the candlestick associated with the signal.

The text provides only a brief description and refers to an accompanying figure and an original code listing. It does not specify thresholds, signal timing details, entry or exit rules, or how the indicator was tested. No performance results or risk analysis are given, so the description is insufficient to establish whether the signals offer an advantage or how they should be used in a complete strategy.

Key ideas

• The indicator uses Average True Range to track changes in volatility.
• Signals appear when ATR begins rising after a period of decline.
• Signal color reflects the direction of the candlestick.
• The document provides no thresholds, strategy rules, or performance evidence.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.