ATR Range

ATR Range is a minimal, clean volatility context indicator designed to show how much of the Daily and Weekly ATR has already been used — without cluttering your chart.

Instead of plotting multiple lines or tables, this indicator displays two simple, highly-informative lines:
• Day Range (X) is Y% of ATR (Z)
• Week Range (X) is Y% of ATR (Z)

These lines update intraday and give you immediate awareness of whether price has already made an average move or still has room to expand.

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🔍 What It Shows
• Daily range vs Daily ATR
• Weekly range vs Weekly ATR
• Percentage of ATR already consumed

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🎯 Why This Is Useful
• Helps avoid chasing extended moves
• Adds volatility context to entries and exits
• Ideal for futures, options, and index trading