Average True Range Indicator

[simtrade81]

Looking for a free indicator that plots the Daily ATR, yesterdays range and average range on the chart.

It would be like the Day Ranger indicator by indicator warehouse.

[NinjaTrader_PatrickH]

Hello simtrade81,

Thank you for your post.

I am not familiar with such an indicator, unless you refer to just the ATR on a daily chart which I don't believe you mean.

Please take a look at the available indicators in the file sharing section for an indicator that may suit your needs: http://www.ninjatrader.com/support/f...splay.php?f=37

[Harry]

Looking for a free indicator that plots the Daily ATR, yesterdays range and average range on the chart.

It would be like the Day Ranger indicator by indicator warehouse.

You asked for the average true range. I have coded an indicator that shows the average daily range of the last 10 and 20 days, as well as the current day's developing range. Calculations can be performed for the full session or for the regular session, depending on indicator settings and session templates. The indicator can be found here:

http://www.ninjatrader.com/support/f...d=4&linkid=343

Attached is a chart that shows the average daily range of the regular session for ES 12-14.