MastersOfTrading

MoT - [Analyst +] - On-balance ATR

**THE INDICATOR**

This is a special indicator based on On-Balance Volume , but based on Average True Range . Designed with our Traffic Light system to aid in Trend identification.


**THE CHART**

Apple - AAPL on the Daily Time Frame


**ON THE CHART INDICATORS**

- In the Top Panel we have this Indicator the On-Balance ATR which is our special take on OBV centred around the ATR

- Below the chart we have our Standard Deviation Indicator which gives the operator a plethora of options as to what the mean should be calculated from.

- In the Bottom Panel we have our accompanying OBV Standard Dev. which again is based on the On-Balance Volume but calculated using Standard Deviations.


**MASTERS OF TRADING**

Many Thanks and Trade Safe!

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