Thursday, March 23, 2023
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BTF ATR

Three Bigger Time Frame ATR is a multi-timeframe ATR indicator. It displays three ATRs of higher timeframes on the current chart.

It has five input parameters:

  • ATR period – ATR calculation period
  • First ATR timeframe – timeframe for the first ATR
  • Second ATR timeframe – timeframe for the second ATR
  • Third ATR timeframe – timeframe for the third ATR
  • Drawing mode – indicator drawing type
    • Steps – as a ladder
    • Slope – inclined lines connecting two neighboring bars of the calculation timeframe
Fig.1. Three Bigger Time Frame ATR. H1, H3 and H6 ATRs displayed on the H1 chart, Drawing mode = Steps

Fig.2. Three Bigger Time Frame ATR. H1, H3 and H6 ATRs displayed on the H1 chart, Drawing mode = Slope