🎢 Volatility Index
ATR Volatility Index & MA-Signal
The 'ATR Volatility Index & MA-Signal' parameter is designed to identify favorable market conditions for your strategy when market price movements become strong. It enables you to detect your patterns when market volatility is high.
SuprAlgo has specifically coded an indicator for this functionality, named 'ATR Volatility Index & MA-Signal [SuprAlgo]'.\n\nWhen the ATR crosses over the moving average, it indicates that market price movements are strong and volatility is increasing.
Note: Use our 'SuprAlgo | MA-ATR Volatility Index' indicator to determine the most optimal settings for your strategy.
[ATR] Average True Range | Length
The Average True Range [ATR] is an indicator that measures significant market price movements, thus reflecting market volatility.
Select the length of the ATR to define the average range duration. Additionally, choose your desired type of smoothing (moving average) for the ATR from the dropdown list.
Note: Use our 'ATR Volatility Index & MA-Signal [SuprAlgo]' indicator to determine the most optimal settings for your strategy.
[MA] Moving Average | Length
The Moving Average [MA], weighted to the Average True Range [ATR], is primarily used to detect when the ATR crosses over the Moving Average.
This helps identify when significant market price movements begin, indicating high volatility. Choose the length of the Moving Average [MA] to define the average range duration.
Additionally, select the type of smoothing (moving average) you want for your ATR-weighted Moving Average from the dropdown list.
Note: Use our 'ATR Volatility Index & MA-Signal [SuprAlgo]' indicator to determine the most optimal settings for your strategy.