ATR (Average True Range) is a technical indicator that measures the volatility of a coin. It determines the average of the largest price spread over a certain period of time.
The indicator is a useful tool for intraday trading. However, if you apply it on larger timeframes, you can identify the long-term interest of market participants in a certain asset.
Typically, volatility increases during price reversals, breakdown of support or resistance levels, as well as during stock exchange listings.
Determine the values using the indicator overlay in the TradingView chart in Preview mode.
To start the bot to work with volatility, select ATR in the filters and set the timeframe and value.