ATR percentile rank

ATR percentile rank

The percentile rank of a score is the percentage of scores in its frequency distribution that are equal to or lower than it. For example, a test score that is greater than or equal to 75% of the scores of people taking the test is said to be at the 75th percentile, where 75 is the percentile rank. (source Wikipedia).

This indicator gives the percentile rank of the current Average True Range compared to the 200 periods previous ones. By comparing the recent ATR to the previous behaviour of it on the same instrument, we can have a clearer view of what the current volatility means because of its ranking in percentage. This kind of sorting formula could be adapted to any other values. 

 

 

Share this

Risk disclosure:

No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.

ProRealTime ITF files and other attachments : How to import ITF files into ProRealTime platform?

Find other exclusive trading pro-tools on ProRealCode Marketplace

PRC is also on YouTube, subscribe to our channel for exclusive content and tutorials

avatar
05/19/2016

576 posts • 1907 Followers
  1. avatar
    Adolfo Onrubia • 05/19/2016 #

    Hi Nicolas!
    As far as I’m not used to use this indicator… Can you explain a bit how can we implement it in our strategies?
    Thanks in advance!

    • avatar
      Nicolas • 05/19/2016 #

      This indicator rank the actual ATR to its recent statistical values. So you can have a better view of what currently happen. With this indicator you can spot a volatility increase, even if the instrument is often very fluctuant, and also spot if the instrument is in a very calm period even if its already quiet.

  2. avatar
    Brisvegas • 05/19/2016 #

    Thanks Nicolas , very handy tool , I have added variables to look back period and ATR period to make it a bit more versatile . I would add ITF file if i knew how

  3. avatar
    rufus.round • 05/19/2016 #

    How easy is it to remove the overnight intraday bars from the calculation?

avatar
Register or

Likes

avatar avatar avatar avatar avatar avatar avatar avatar avatar
Related users ' posts
avatar
Nicolas Non ça n'est pas encore possible.
avatar
Denis Merci Nicolas.
avatar
Yann LB Bonjour à tous, Est-il possible de rajouter un morceau de code qui permette d'afficher (s...
avatar
Pelle Nævestad Thanks Nicolas, this is a keeper!
avatar
Chicane23 Hi, when uploaded the WAE isnt showing histogram; only line. Is there a way to modify?
avatar
Nicolas Change the way the lines are displayed in the indicator settings window : histogram, lines, ...
avatar
Dimi.A Perfect for counter-trend scalping. I like this!
avatar
viktorthuns Hi Nicolas! Great work you've done with all your indicators. Just wondering about the code a...
avatar
Nicolas the value is not a boolean but an average of an addition of booleans. As stated in the descr...
avatar
Nicolas
9 years ago
Multi Fractals ZigZag High/Low
v10.3
Multi Fractals ZigZag High/Low
97
Indicators
avatar
marc.schmid Dear Nicolas - your Multi Fractals ZigZag High/Low gives me quite good results - thanks for ...
avatar
Nicolas There must be a lot of screeners built upon this indicator in the forums. First I found is h...
avatar
marc.schmid Thanks a lot Nicolas!
avatar
Nicolas
9 years ago
Fractals ZigZag
v10.3
Fractals ZigZag
#fractals #zigzag
31
Indicators
avatar
Nicolas add it on price chart, change the cp parameter according to the period you want to observe f...
avatar
Robert22 hola buenos días: yo estoy buscando una cosa parecida para realizar con ello un indicador de...
avatar
Nicolas https://www.prorealcode.com/prorealtime-indicators/rsi-classical-hidden-divergences-indicator/
avatar
Nicolas En effet, j'ai déjà eu ce genre de retour sur cet indicateur, je t'avoue avoir eu du mal à c...
avatar
Lavallette Bonjour Nicolas. Je trouve cet indicateur intéressant et j'essaie de l'intégrer dans une st...
avatar
Nicolas Non tout est correct, mais je comprends que tu aies un doute. C'est la façon dont a été écri...
avatar
Nicolas Nice, thanks for sharing. How much profitability lookback do you have with this indicator mo...
avatar
Hans63 Well, I am a discretionary trader, so I don't trade all the signals given by a system or by ...
avatar
Nicolas ...and that's clever, thanks again for your feed back and your sharing.
avatar
Manu L. Et si je prends éventuellement celui-ci, comment puis je programmer le screener pour qu'il ...
avatar
Nicolas Pour des demandes personnalisées, merci d'utiliser le forum, en ouvrant un nouveau sujet tou...
avatar
Manu L. c fait :-) https://www.prorealcode.com/topic/pro-screeners-trend-reversal-continuation-pa...
avatar
Nicolas
9 years ago
Smoothed repulse
Smoothed repulse
2
Indicators
avatar
Altares Wow thank you!
avatar
bala01 If anyone is wanting it now for people like me then the following gives the same value as p...
avatar
Pere
9 years ago
MACD Impulse Elder divergences
MACD Impulse Elder divergences
23
Indicators
avatar
ancapreb Thanks a lot for the indicator. It is essential in my strategy.... And I have a request if ...
avatar
Alessandro47 Hi Petrus thank you so much for your indicator, very helpful.
avatar
franciscojbritop Hi Leofib, Did you finally find a screener following Elder MACD-H divergences? If so, could...
avatar
Nicolas
9 years ago
Wave Trend oscillator
Wave Trend oscillator
5
Indicators
avatar
Johan Yes. I made a call function and change that indicator so it included dynamic variables for c...
avatar
slamdunk Hi, is there an MT4 version of this indicator available? Thanks
avatar
Nicolas This website is dedicated to prorealtime trading platform. But you can ask others platforms...
avatar
Nicolas
9 years ago
Ergodic oscillator SMI
Ergodic oscillator SMI
2
Indicators
avatar
Regisnew Bonjour, merci pour cet indicateur, serait il possible de construire un screener qui ramène ...
avatar
Nicolas Oui c'est possible, merci de formuler votre demande dans le forum des screeners, en respecta...
avatar
DerPat Like your zero lag indicators.
avatar
David Thanks for the explanation Nicolas.
avatar
freecat1899 Hello, I wanted to create a percent ADR based on this indicator, so I wrote this code that I...
avatar
revstrat At first glance, I see this mistake. You shouldn't average the highs and the lows. You shoul...
avatar
sagittario75 Good morning, You might have a change to this code so that you change the time settings dir...
avatar
sandfred can this indicator be both converted into .mq4. i couldnt use it as .itf
avatar
Nicolas For any customized code, you can ask the programming services: https://www.prorealcode.com/t...
avatar
Nicolas
9 years ago
Choppiness index
Choppiness index
0
Indicators
avatar
eisi If i switch between different Markets, the Backgroundcolour will appear where it should not...
avatar
datageek How can I get alerts on colour change?
avatar
NAMBO40 Hello, I would like to add a 25 period SMA moving average. It's possible?

Top