Displaying Average True Range Values Across Chart Timeframes

Summary

ATRValues is a chart indicator that displays Average True Range values for a user-selected period across multiple timeframes. It is intended to make volatility readings available together in a text panel, rather than requiring the trader to inspect each timeframe separately. The panel’s size and font can be adjusted, and unused timeframes can be hidden; the description says up to ten indicators can be displayed simultaneously.

The document describes a display utility, not a trading system. It explains how its presentation can be customized but does not specify how ATR is calculated, recommend a period, or provide entry, exit, or position-sizing rules. It also gives no performance evidence or guidance for interpreting ATR values. Traders would need to decide independently how to use the readings, and comparisons across instruments or timeframes should account for differences in price scale and volatility.

Key ideas

• The indicator presents ATR readings for a selected period across chart timeframes.
• The text panel’s size and font can be customized.
• Unused timeframe readings can be hidden from the display.
• The description provides no trading rules or evidence of strategy performance.

Tags

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