The ATR Forecaster is a market forecasting tool designed to help you answer one of the most important questions in trading.
“What is the expected trading range today?”
By analyzing historical volatility with Average True Range (ATR), this tool calculates projected high and low boundaries for the trading day—giving you statistical insight into where the market is likely to move.
WHY TRADERS LOVE IT:
Know when you’re too late to buy the high or sell the low
Stay aligned with statistically significant support and resistance levels
Get real-time insight into market context—trending or ranging?
Avoid common mistakes like chasing price or placing stops blindly
CORE FEATURES:
ATR-Based Volatility Forecasting
Dynamic Range Levels that update daily
User-defined Lookback Periods for custom tuning
Display of Average & Maximum Projected Ranges
Midline (optional) for additional context
Historical Boundary Lines for visual backtesting
Works seamlessly with your trading chart—just add and trade
SOLVES THESE COMMON MISTAKES:
Entering too close to the daily high or low
Trading without knowing the expected range
Misjudging market structure
Ignoring volatility-based support/resistance
Getting stopped out in high-volatility environments