How to Set-up Average True Range (ATR)
Read to learn how to use Keltner Channels, available with your platform, to set up the ATR channels on your chart and recreate John’s 3 ATR setup.
TOS users may also use the following shared chart link: https://tos.mx/Eg4EuSx
See the video below to learn how to manually set up John’s 3 ATR setup.
STEP 1
Open the Edit Studies and Strategies window.
Find Keltner Channels in the indicator list of your platform.

STEP 2
Add three instances of Keltner Channels to your chart.

STEP 3
Change the settings for each instance of the Keltner Channels.

Set the first instance to a factor of 1.0

The second instance to a factor of 2.0

And the third instance to a factor of 3.0

John often will use exponential instead of simple averages in the settings for average type and true range average type.
The 1, 2, and 3 ATR channels should now be set up on your chart.

