Average True Range Percent (ATRP) Strategies : Effective Stock Market Analysis


Get the detailed Average True Range Percent (ATRP) stock market analysis and build your strategies accordingly.

Understanding key technical indicators is crucial for successful stock market profits. In this article, we’ll delve into the Average True Range Percent (ATRP) – a powerful tool for traders and investors.

Average True Range Percent (ATRP) Overview

This indicator helps you, Measures the percentage of the average true range in live market. This will work the best with volume analysis with volume profile + Trend Identification +Option chain analysis if available.

Indicator Parameters

Indicator NameAverage True Range Percent (ATRP)
Parameters UsedPeriod: 14
Basic Functionality FollowedMeasures the percentage of the average true range
Method in Pine Script CodeatrpValue = atr(close, 14) / close * 100
Overeall Time Frame AnalysisHigher values indicate increased volatility as a percentage of the closing price.
Winning Ratio ProbabilityUsed for volatility analysis; winning ratio varies.
Stock Market Indicator Average True Range Percent (ATRP)

Why Average True Range Percent (ATRP) Time Frame Analysis Required?

Time frame analysis is a crucial aspect of trading and technical analysis for several reasons once you created strategy in live market data with Average True Range Percent (ATRP) :

  1. Market Dynamics: Different time frames reveal distinct aspects of market dynamics. Short-term time frames, such as intraday charts, capture rapid price movements, while long-term time frames provide insights into overall trends.
    Example: Higher values indicate increased volatility as a percentage of the closing price. helps to configure your trade executions’.
  2. Trend Identification: Analyzing multiple time frames helps in confirming or identifying trends. A trend visible on a daily chart may differ from that on an hourly chart. Consistent trends across various time frames increase the reliability of the analysis.
    Example: Used for volatility analysis; winning ratio varies. to get best risk and reward ratio.
  3. Entry and Exit Points: Traders use different time frames to fine-tune their entry and exit points. Short-term traders might focus on lower time frames for precise entries, while long-term investors might rely on higher time frames for strategic decision-making.
    Example: Waiting is 80% game in the trading and 20% is only trade. This Average True Range Percent (ATRP) helps you to identify the values to entry and exit both. In addition, Stop loss are the big challenges to hold.
Winning Ratio Probability

Understanding the Average True Range Percent (ATRP)’s winning ratio probability is crucial for effective trading strategies.

By analysis of Used for volatility analysis; winning ratio varies. you can breakdown by High Probability Scenarios, Medium Probability Scenarios & Low Probability Scenarios.


In conclusion, Average True Range Percent (ATRP) is a versatile tool that can significantly enhance your trading strategy. Whether you’re a beginner or an experienced trader, incorporating Period: 14 into your analysis can provide valuable insights and functionally like Measures the percentage of the average true range into market trends and potential reversals to get best risk reward ration management with your trade.

Remember to conduct thorough backtesting and consider various factors before integrating Average True Range Percent (ATRP) into your trading approach. Happy trading!