STS ATR Distance Indicator


STS ATR Distance Indicator for Meta Trader 4 shows the current price movement as a percentage of a pre-selected period of the ATR Indicator.

STS_ATR_Distance Indicator for Meta Trader 4 is designed to help us see what percentage of a pre-selected Average True Range (Monthly, Weekly, Daily) the price has currently passed.

Example 1: BTC/USD H4 timeframe

STS_ATR_Distance_Indicator shows that for the last week the price has passed 81.90 % of Weekly ATR.

Example 2: Settings

With STS_ATR_Distance_Indicator you have the opportunity to choose a different ATR period, as well as a different timeframe for calculation (Monthly, Weekly, Daily, etc.).