ATR %
ATR% (Average True Range Percentage) is a derived indicator based on ATR. It shows the asset’s volatility relative to its current price.
Calculation Formula
ATR% = ATR / Close × 100
- ATR — Average True Range
- Close — candle closing price
Interpretation
- A high ATR% value means the asset has increased volatility
- A low ATR% value means the asset is trading more calmly
- The indicator helps evaluate how strongly the price fluctuates as a percentage of its current level
Specific Features
- In the bot settings, the Value parameter is set as a percentage from 0 to 100
- ATR% is not included in the standard list of indicators on exchanges, but it is available on TradingView
