ATR % of Price (14)Volatility

Timeframe M1 · unit %

What it measures

The Average True Range expressed as a percentage of the current closing price, giving a scale-free measure of recent typical bar-to-bar movement.

How Janira reads it (bullish vs bearish)

Values below ~0.1% indicate very compressed, quiet markets. Above ~0.3% for major indices suggests elevated intraday movement. The indicator has no directional meaning - it tells you HOW MUCH price moves, never which way.

In plain language

Imagine the market as a bouncing ball. ATR% tells you how high the ball typically bounces relative to where it currently sits - small bounce means calm, large bounce means wild.

Scenarios

• ATR% < 0.1%: Compressed regime, bars are very tight. Breakouts from such compression can be sharp, but the compression itself carries no directional implication.
• ATR% 0.1%-0.25%: Normal active session range. Typical institutional participation, moves carry informational content.
• ATR% 0.25%-0.5%: Elevated volatility, possibly driven by macro news or a strong trend day. Risk per trade is proportionally higher.
• ATR% > 0.5%: Extreme volatility (earnings, central bank, macro shock). Bar-to-bar noise increases sharply; indicator signals from other systems become less reliable.

More volatility indicators

Janira computes ATR % of Price (14) deterministically from live price action, the same way for every reading - no discretion, no hidden weighting. This page explains the method; it is not a live reading and not advice.