Percentage Average True Range

The Percentage Average True Range (ATR) indicator measures market volatility by calculating the ATR of a selected asset and expressing it in one of three customizable formats:

  • Percentage (%) relative to the current price, enabling easy comparison across assets with different price ranges.
  • Basis Points (bps), where 1 bps equals 0.01%.
  • Real ATR values, representing the raw ATR in price terms.

By normalizing ATR values using percentage or basis points, this indicator allows for direct comparison of volatility between different assets, which is not possible with a basic ATR that only shows absolute values.

The indicator also provides an optional moving average (Simple or Weighted) for comparing ATR trends over time. It features two plots:

  1. ATR Histogram: Displays the scaled ATR values based on the selected format.
  2. MA Line: Shows the moving average for comparison against the ATR.

This tool is essential for traders who want to analyze and compare volatility across diverse instruments in a standardized and meaningful way.


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TREND LINES PRO  -   helps understand where the market is truly changing direction. The indicator shows real trend reversals and points where major players re-enter. You see   BOS lines   Trend changes and key levels on higher timeframes — without complex settings or unnecessary noise. Signals don't repaint and remain on the chart after the bar closes. MT4 VERSION   - Reveals its maximum potential when combined with the   RFI LEVELS PRO   indicator What the indicator shows: Real shifts   trend
Weltrade Spike Sentinel
Batsirayi L Marango
5 (1)
Indicators
Introducing Indicator for PainX and GainX Indices Traders on Weltrade Get ready to experience the power of trading with our indicator, specifically designed for Weltrade   broker's PainX and GainX Indices.  Advanced Strategies for Unbeatable Insights Our indicator employs sophisticated strategies to analyze market trends, pinpointing optimal entry and exit points.  Optimized for Maximum Performance To ensure optimal results, our indicator is carefully calibrated for 5-minute timeframe charts on
RFI levels PRO MT5
Roman Podpora
3.67 (3)
Indicators
The indicator accurately shows the reversal points and price return zones where the   Major players . You see where new trends are forming and make decisions with maximum precision, maintaining control over every trade. VERSION MT4     -    Reveals its maximum potential when combined with the   TREND LINES PRO   indicator What the indicator shows: Reversal structures and reversal levels with activation at the beginning of a new trend. Display of   TAKE PROFIT   and   STOP LOSS   levels with min
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