Kairos™

ATR - Average True Range

The ATR or Average True Range is a measure of volatility.  High ATR values indicate high volatility, and low values indicate low volatility, often seen when the price is flat.

The ATR is a component of the Welles Wilder Directional Movement indicators (+/-DI, DX, ADX and ADXR).

The Average True Range configured with a BarsBack of 10

Average True Range(ATR) on a 5 minute Gold Chart

The Average True Range can be used in conditions - The above condition tests for an ATR greater than 1