Relative ATR by Alejandro P

2021년 8월 4일

This is an indicator that expands the usability of ATR into a strong and valuable volatility indicator.

With the Relative ATR you can quickly see when the current market volatility its extremely low, normal or extremely high in relation to the past.

This provides traders with a much more valuable insight as to the current market conditions than normal volatility indicators.

A trader can, for example, decide to filter its strategy to only periods where the ATR is in its lowest percentiles which tells him that the market is unusually "quiet" recently and there may be a big breakout about to happen.
Or a trader can use the filter to avoid getting whipsawed with their strategy by avoiding taking trades when the Relative ATR is at its highest percentiles.

2022년 4월 2일

릴리즈 노트

update to V5