Viewing Average True Range on a Selected Higher Timeframe

Summary

The document describes a higher-timeframe version of an Average of ATR indicator. A timeframe can be selected through an input parameter, with a four-hour period shown as the example setting. The intended use is to make the ATR-derived indicator available with a chosen chart period, rather than being restricted to the chart’s current timeframe.

This is a brief implementation note, not an explanation of the indicator’s calculation or a trading strategy. It says that the base Average of ATR indicator file is required, but provides no formula, interpretation guidance, examples of signals, or performance evidence. The higher-timeframe display may be useful for examining volatility across periods, but the document does not establish how to turn that information into entries, exits, or risk controls.

Key ideas

• The indicator allows its calculation period to be selected through an input setting.
• A four-hour period is given as an example.
• The base Average of ATR indicator is required for the higher-timeframe version.
• No calculation details, signal rules, or performance evidence are included.

Tags

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