True Range Indicator

Hi all,

I've been searching for an indicator that will display a dot above and below a price bar/candle to show the true range of that particular bar with an adjustable multiple. I've got something similar that shows the average true range for the purpose of a trailing stop, but it isn't quite what I'm after. Does anyone know of such an indicator that is available? i.e. every candle would have a dot above and below at a distance of the true range of that candle X 2.

Any help as always will be massively appreciated.

Like this?

I'm assuming that you want the upper dot to be N times the ATR(1) above the candle high, and the lower dot to be N times the ATR(1) below the candle low, where N is the 'adjustable multiple' that you speak of.

Hanover, thank you so much. That is exactly what I was looking for. I hope you didn't go to the trouble of writing that just as a result of my request, but if you did (or didn't) I am very, very grateful that you came to this thread to help me.

Have a good week trading.

Hi Hanover,
any chances to trace tick speed and measure it in per millisecond?
i've heard it and it is strong enough to see trend direction.
please advice and many2 thanks in advance.

Is there a true range or average true range indicator that would display single bar graphs (pretty much like volumes) instead of a line graph?

I second that.

I was looking for a TR (TRUE RANGE) indicator? (Not ATR).

One that displays the true range of each bar in a histogram format.

Thanks!