Timeframe M1 · unit %
Wilder's Average True Range divided by the closing price, yielding a percentage that normalises volatility across instruments of different price scales.
Identical numerically to ATR% of price. Useful for comparing volatility across assets (a 0.2% NATR on an index vs a 0.8% NATR on an equity). Carries no directional signal - high NATR means wide bars, nothing more.
If ATR tells you how many points the market moves on average, NATR converts that into a percentage so you can compare an instrument priced at 100 with one priced at 10,000 on the same scale.
Janira computes Normalized ATR (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.