The indicator showcases the Speed at which the prices change based on the set length. It does not show trend direction simply because Speed is a scalar quantity. It helps to identify when the prices are racing, slowing down, or in a range.
The formula used for calculation is Speed = Total Distance Travelled / Time.
Time is the period range that can be defined...
The original Average True Range (ATR) indicator is a technical analysis indicator designed to measure volatility. The higher the ATR the higher the volatility.
The RECON ATR Volatility Percentage indicator calculates the Average True Range (ATR) as a percentage.
Suggested chart timeframes: 1h, 4h and 1D seem to produce the most useful intel but can be used on...
