Not-So-Average True Range (nsATR)

Not-So-Average True Range (nsATR)
By: Sherlock_MacGyver

This is not your grandpa’s ATR.
This is an intelligent, direction-aware volatility detection framework that reacts in real time to abnormal price movement — and it doesn’t just react… it adapts, it amplifies, and it knows which way price moved.

nsATR is built to replace the ancient [code]ta.rma(tr, len)[/code] formula entirely. Use it inside your indicators, strategies, or even position sizing formulas.

---

🧠 Core Logic:

• Calculates a standard ATR as the baseline
  
• Detects "breaches" when the current candle’s True Range exceeds a smoothed ATR baseline × a multiplier
  
• When breached, applies a power transformation to the current candle’s range, amplifying the ATR output
  
• Optional smoothing can be applied after the logic to stabilize the output curve
  
• All breaches are analyzed for direction (up/down) and visualized accordingly
  

---

🎨 Features:

• Directional Breach Markers:
   🟢 Green triangle (↓ below candle) = upward breach
   🔴 Red triangle (↑ above candle) = downward breach
  
  
• Directional Background Glow:
   Paints the background in lime or red based on breach direction
   Two toggles: one for the chart, one for the indicator pane
  
  
• Dual ATR Visualization:
   - Adaptive ATR (powered, responsive, breach-aware)
   - Classic ATR (for side-by-side comparison)
  
  
• Optional Smoothing for both ATR lines
   Keeps curves clean without killing responsiveness
  
  
• Real-Time Breach Alert:
   Alerts fire as soon as a breach occurs — no need to wait for the bar to close
   Perfect for higher timeframe candles when early entry matters
  

---

🧬 Why It Matters:

Standard ATR treats all candles equally.
nsATR knows better.
It sees when the market's hiding a buildup, when it explodes, and which way it ran. And now — it shows you everything visually.

If you’re still using default ATR in 2025, you’re trading like it’s 1999.
This isn’t an upgrade. It’s an evolution.

nsATR: Smart. Adaptive. Directional. Real-Time.
💥 Volatility has never looked this good.