ATR Volatility Monitor

  • Indicators
  • Tamara Garcia Infantes
    Tamara Garcia Infantes
    Welcome to QuantEdge Systems, an algorithmic trading studio focused on MetaTrader 4 and MetaTrader 5.
    I develop Expert Advisors, indicators and trading utilities, both custom projects for clients and my own systems.
    What I offer:
    Custom Expert Advisors built exactly from your rules
  • Version: 1.30
ATR Volatility Monitor uses the Average True Range (ATR) to show, in one compact panel, how much the market is moving and whether that movement is high, normal or low for the current asset. It also draws an ATR trailing stop (chandelier stop) on the chart.


It is an information tool. It does not give buy or sell signals and it never opens, modifies or closes trades.

Panel
- ATR in price and in points.
- ATR as a percentage of price, to compare volatility between assets with very different prices.
- Volatility ratio: current ATR divided by its average, with a High / Normal / Low label and a bar with the thresholds.
- Day range used: today's high minus low as a percentage of the daily ATR.
- Active stop (long or short) and its distance to price, in ATR and in points.
- Hover any row for a short explanation.

ATR trailing stop (chandelier stop)
- Long stop: highest high of the last bars minus a multiple of the ATR. Short stop: lowest low plus a multiple of the ATR. You choose the multiple in the inputs.
- It only moves in your favour while price respects it.
- Green line for the long side, red line for the short side, and a circle where the stop changes side.

Interface
- Two buttons to show or hide the panel and the stop line.
- Drag the panel header to move it. Position and button states are saved for each chart.
- Light and dark theme (automatic), English and Spanish.
- ATR with a simple average (MetaTrader 5 standard) or Wilder's smoothed average.
- Stop values available as indicator buffers for use in your own Expert Advisors.

Main inputs
- ATR period and type of average.
- Average length and high and low thresholds for the volatility ratio.
- Number of bars and ATR multiple for the trailing stop.
- Panel position, theme, language, colors and line width.

Full user guide with images in the Discussion tab.

Important

This indicator is for informational and educational purposes only and does not constitute financial advice. The ATR measures past price behaviour and is not a forecast. Trading carries a high risk of loss. Test it first in the Strategy Tester or on a demo account.

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Zone Risk Planner
Tamara Garcia Infantes
Zone Risk Planner turns support and resistance zones into a complete trade plan: where to enter, where to place the stop loss (SL), where the take profit (TP) goes and how many lots match your risk. It also shows the risk of your whole account, the market regime on several timeframes and a multi-symbol scanner, all in one indicator. It is a planning and risk-management tool. It does not give buy or sell signals and it does not open, modify or close trades. Support and resistance zones - Calcu
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