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About - ATR Move

Display the prior week close and 1,2,&3 ATR Move levels on the chart.

Written by Sara Jones

About the ATR Move Indicator

ATR means "Average True Range". 

Algos have often looked at this ATR technique. 

If price gets to 1 ATR away from the mean, then it is possible that price will "revert back to that mean". 

If price gets 2 ATR away from the odds increase. Any 3 ATR, the odds increase even more for a reversion to the mean. 



The ATR Move gives us a "range for the week" and key levels within that range and can be tied in to your other trading tools. 


ATR Move on a 30 AAPL chart: 

ATR Move on a 5 min MSFT chart: 



How to Set-up John's (AverageTrueRange) Setup:
https://intercom.help/simpler-trading/en/articles/3189130



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