The active ATR band: the trailing level the trend is riding, in price.
Preview
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What it measures
An ATR-offset band that flips sides when price closes through it: a trailing level and a direction.
- Inputs
- ATR length 10ATR multiplier 3
- Output
- A line, in price
- Feeds
- Risk and sizing rules
- Warm-up
- 10 bars before its first reading
- Updates
- When each bar closes
- Filters entries
- No. It’s measured and charted, and doesn’t change which entries are taken.
- Part of
- Supertrend
- Also known as
- Super Trend, ATR Trailing Stop