ATR Daily Bands
A volatility-based band indicator using a 5-day range and daily ATR to define dynamic support and resistance zones.
Bands expand and contract with volatility, helping identify:
Overextended price moves
Mean reversion areas
Breakout continuation zones
Uses completed daily data to avoid intraday drift, making levels consistent and reliable across intraday charts.
Bands expand and contract with volatility, helping identify:
Overextended price moves
Mean reversion areas
Breakout continuation zones
Uses completed daily data to avoid intraday drift, making levels consistent and reliable across intraday charts.
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