Category: Volatility · Complexity: ★★☆☆☆ (2/5)
Tags: volatility, live-overlay, volatility
Live chart overlay: ATR
Formula
TR = max(H−L, |H−C_prev|, |L−C_prev|); ATR = Wilder smooth of TR
How to read
Volatility only. Rising ATR = larger bars. Used for stops (e.g. 2×ATR) and position sizing, not direction.
Limitations
No bullish/bearish meaning. Spikes after gaps.
Typical settings
14
ATR (Average True Range) is part of the ClearPath Encyclopedia of Indicators — 190 models explained with standard SVG illustrations, so you can study an indicator before you put it on a live chart.