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D ATR - Indicator for Sierra Chart

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D ATR - Indicator for Sierra Chart

$0+
1 rating

By popular request — many traders have asked for D ATR Levels in Sierra Chart after seeing the renowned trader Tom Dante use it. Responding to the demand, Trading Edge Resources has fully re-engineered this tool in native ACSIL for clean execution and professional workflows.

🔍 How It Works

D ATR Levels calculates daily volatility-based support and resistance using Average True Range (ATR). By combining ATR with a selectable reference price (Daily Open, Previous Close, Daily Mid, Yesterday Mid, or Yesterday Close), the tool plots high and low levels that adapt to market volatility in real time.

📐 Why These Levels?

Daily ATR levels provide objective, performance-tested zones that reflect true market dynamics, making them particularly useful for:

  • Spotting high-probability reversal zones
  • Identifying breakout or continuation levels
  • Setting volatility-aligned stop-loss and take-profit targets

⚙️ Core Features

✅ Dynamic high/low D ATR levels based on ATR calculation
✅ Supports current intraday charts or external daily charts
✅ Selectable reference prices for flexibility
✅ Clean horizontal line overlay with optional labels
✅ Fully configurable appearance: line color, style, width, label color, font size
✅ Works on all liquid intraday instruments (ES, NQ, CL, GC, 6E, etc.)

🧠 Who It's For

This tool is designed for intraday traders, scalpers, and swing traders who want objective, volatility-adjusted support and resistance.
Whether fading extremes, trading breakouts, or managing risk, D ATR Levels provides the context needed to stay aligned with market structure.

🔓 Freemium Access

This study is offered 100% free as part of the Trading Edge Resources suite. No subscription, no license system — just install and use.

📁 Included File

You’ll receive:
DATRLevels_64.dll

🔧 Installation Instructions

  1. Copy the .dll file into your SierraChart/Data folder
  2. Open Sierra Chart → Analysis → Studies
  3. Click Add Custom Study
  4. Select D ATR Levels and add it to your chart

A clean, dynamic ATR-based support and resistance tool — purpose-built to track daily volatility zones.

Note / Tips:
By default, this study uses ATR Period 14 (or 20) with a Multiplier of 1.0.
You can, however, add multiple instances of the indicator on the same chart with different multipliers — e.g., 0.5, 1.0, 1.2 — to create additional D ATR levels.
These multiple levels are widely used by intraday and swing traders to spot high-probability support/resistance zones.

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