About – ATR Move

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

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:

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