Average True Range (ATR)

The ATR indicator supplied with NinjaTrader cannot be used with an input series other than price. We have recoded it so that you may apply it to other indicators. To do so, simply select any of the other NinjaTrader indicators as input series.

Indicator Description

The Average True Range (ATR) was introduced by Welles Wilder in his book, “New Concepts in Technical Trading Systems.”

The ATR is a measure of volatility, telling us which is the greatest of the current high less the current low, the absolute value of the current high less the previous close and the absolute value of the current low less the previous close.

The indicator is available for NinjaTrader 8.