About – ATR Move

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

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: