Average True Range
ATR measures average price movement per bar over N periods (default 14). It does not show direction — only how much price typically moves.
Uses:
- Setting stop distance proportional to current volatility.
- Comparing whether today is quieter or wilder than usual.
- Position sizing adjustments (Module 4 extension).
On TradingView: add indicator “Average True Range”. Read values in price units (e.g. $15 on gold).