The indicator shows when the ATR value is higher/lower, or is within the set values ​​of two levels - minimum and maximum ones.

The levels can be specified in points as well as in percentage relative to the minimum and maximum values ​​of ATR in a given range of bars.

There are five inputs:

  • ATR period

  • Higher level

  • Lower level

  • Calculation mode

  • In points

  • In percents

  • Maximum bars - range of bars for calculating levels in % of maximum and minimum ATR within the range

The indicator histogram columns are painted in three colors depending on the ATR value:

  1. Below the lower level - red
  2. Above the upper level - green
  3. Within the levels - blue