Multi-Timeframe ATR Levels

Get lifetime access to the Multi-Timeframe ATR Levels indicator on TradingView.

The Average True Range (ATR) measures the average volatility of the market. The Multi-Timeframe ATR Levels applies the average volatility and plot its levels on the chart. It can complement your strategy in order to:

✓ Reduce the number of bad trades

✓ Fine-tune your entry, target, and stop-loss

✓ Spot contrarian trades

Reduce the number of bad trades

When the market has moved beyond its average volatility, taking a trade in the same direction becomes risky.

To go long above the upper level / short below the lower level is against the odds over the selected timeframe.

Fine-tune your entry, target, and stop-loss

The market is likely to move towards its average volatility. Set your target at or around the levels for extra confluence.

Identify the targets that have more probability of getting hit over the selected timeframe.

Spot contrarian trades

Traders commonly take profits once the price reaches ATR, and we can often see the price retracing that provides scalp opportunities.

Moreover, identify where the price is over-extended and when the market is exhausted beyond the levels that provides mean reversion setups.

Beyond the levels, favor the mean reversion trades over the selected timeframe.

Instructions:

Simply provide me with your TradingView username. Your access is automatically granted after purchase.

Refund Policy:

Within 30 days, you can ask for a full refund. No questions asked.

If you have any questions, you may message me directly.