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Previous ATR SandFx
📊 Previous ATR Clean Indicator
Previous ATR Clean is a simple indicator designed to monitor market volatility changes by comparing the current candle ATR (Current ATR) with the previous candle ATR (Previous ATR). ATR (Average True Range) measures the size of price movement, not the direction of the trend. This indicator helps traders identify whether the market is experiencing volatility expansion (increasing movement) or volatility contraction (decreasing movement).
Current ATR shows the current market volatility condition. Previous ATR shows the volatility from the previous candle as a comparison. Delta ATR represents the difference between them:
Delta = Current ATR - Previous ATR
If Delta is positive (+), it means ATR is increasing → candle range is expanding → the market is gaining energy and momentum. This condition often appears during breakouts or when a trend starts developing.
If Delta is negative (-), it means ATR is decreasing → candle range is shrinking → the market is losing energy or entering a consolidation phase.
This indicator can be used to:
✅ Identify whether the market is active or slow
✅ Measure breakout strength
✅ Avoid entries during low volatility conditions
✅ Adjust stop loss and target distance based on market conditions
Example:
Current ATR: 3.50
Previous ATR: 2.80
Delta: +0.70
Meaning: volatility is increasing and the market is expanding.
Current ATR: 2.50
Previous ATR: 3.20
Delta: -0.70
Meaning: volatility is decreasing and the market is slowing down.
ATR does not provide buy or sell signals. It helps traders understand market energy and volatility conditions. Combine it with other analysis tools such as market structure, support & resistance, volume, or trend direction for better trading decisions.
Trade with volatility, not against it. 📈
Previous ATR Clean is a simple indicator designed to monitor market volatility changes by comparing the current candle ATR (Current ATR) with the previous candle ATR (Previous ATR). ATR (Average True Range) measures the size of price movement, not the direction of the trend. This indicator helps traders identify whether the market is experiencing volatility expansion (increasing movement) or volatility contraction (decreasing movement).
Current ATR shows the current market volatility condition. Previous ATR shows the volatility from the previous candle as a comparison. Delta ATR represents the difference between them:
Delta = Current ATR - Previous ATR
If Delta is positive (+), it means ATR is increasing → candle range is expanding → the market is gaining energy and momentum. This condition often appears during breakouts or when a trend starts developing.
If Delta is negative (-), it means ATR is decreasing → candle range is shrinking → the market is losing energy or entering a consolidation phase.
This indicator can be used to:
✅ Identify whether the market is active or slow
✅ Measure breakout strength
✅ Avoid entries during low volatility conditions
✅ Adjust stop loss and target distance based on market conditions
Example:
Current ATR: 3.50
Previous ATR: 2.80
Delta: +0.70
Meaning: volatility is increasing and the market is expanding.
Current ATR: 2.50
Previous ATR: 3.20
Delta: -0.70
Meaning: volatility is decreasing and the market is slowing down.
ATR does not provide buy or sell signals. It helps traders understand market energy and volatility conditions. Combine it with other analysis tools such as market structure, support & resistance, volume, or trend direction for better trading decisions.
Trade with volatility, not against it. 📈
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.