July 6, 2021

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ATR Percent Rank

ATR Percent rank gives the percentile rank of the current Average True Range compared to the X periods previous ones. By comparing the recent ATR to the previous behavior of on the same instrument, we can have a clearer view of what the current volatility means in Time because of its ranking in percentage.

 

You can use it in MT4/MT5, Tradestation, and Multicharts. Some basic conditions are also included.

How to install indicator: https://strategyquant.com/doc/programming-sq/import-export-custom-indicators-and-other-snippets/

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