Knowledge Base
Docs & Articles
Indicator Field Manual

Average True Range

Average True Range measures how much the market typically moves per candle, making it one of the best risk-framing tools in CandleOps.

Indicator Guide
Volatility
Signal Panel
risk

What it measures

Average True Range measures how much the market typically moves per candle, making it one of the best risk-framing tools in CandleOps.

ATR measures how much the market normally moves per candle. It is not directional, but it is one of the cleanest ways to make stops and targets proportional to current volatility.

Visual read

Average True Range is shown as a signal panel: price stays above, while the lower pane helps you judge momentum, volatility, volume pressure, or trend strength.

138119100PriceATR 14 range lineAverage candle range for stop and target framing.Rising volatilityCooling volatilityRangeATR 14 range lineTimeConcept sketch only. CandleOps missions still resolve from real historical candle data.

Formula / construction

Average True Range
TR = max(high - low, abs(high - previous close), abs(low - previous close))ATR = moving average(TR, n)

ATR measures how much the market normally moves per candle. It is not directional, but it is one of the cleanest ways to make stops and targets proportional to current volatility.

How to read it in replay

Use ATR to size stops, targets, and expectation. If the current mission is moving less than one ATR, treat every breakout story with more suspicion.

Average True Range should tell you whether the mission is compressing, expanding, or stretching too far from a fair reference. Use it to size expectations, then let price structure choose the actual side.

What confirms the read

ATR works best when combined with structure. Good trades use ATR to frame distance, not to replace market reading.

Confirmation should be visible before the trade starts. If the indicator says one thing and raw candles reject that story, skip the mission or record it as a conflicted setup.

Default parameters in CandleOps

Period: 14

Replay drill

  1. Open a block of 10 to 20 missions and allow Average True Range to answer only one question: bias, timing, volatility, or participation.
  2. Before clicking Start Mission, write one sentence explaining what Average True Range says and one sentence explaining what raw price must do to confirm it.
  3. Keep virtual risk stable for the whole drill so the review measures decision quality rather than random sizing.
  4. After each mission, grade the Average True Range read as clean, early, late, conflicted, or irrelevant, then compare that grade with the payout and the revealed candles.

Failure modes and risk notes

ATR is not directional. It tells you how much, not which way.

Because Average True Range sits in a separate panel, the common trap is staring at the value while ignoring the candles. A panel signal needs price confirmation before it deserves risk.

The indicator should change the decision process, not decorate it. If it does not affect direction, invalidation, target placement, or the decision to skip, remove it from the active tactical handbook for that drill.

Back To Indicator GuidesOpen Blog Index
Average True Range | CandleOps Indicator Guide