nATR*ATR Multiplication Indicator - Optimal Selection Tool for

This indicator is specifically designed as an analysis tool for investors using grid bot strategies. It displays both nATR (Normalized Average True Range) and ATR (Average True Range) values on a single chart screen, calculating the multiplication of these two critical volatility measurements.
Primary Purpose of the Indicator:
To facilitate the selection of the most optimal stock and time period for grid bot trading. The nATR*ATR multiplication provides a hybrid measurement that combines both percentage-based return potential (nATR) and absolute volatility magnitude (ATR).
Importance for Grid Bot Strategy:

High nATR: Greater percentage-based return potential
High ATR: Wider price range = Fewer grid levels = More budget allocation per grid
Formula: Price Range/ATR = Theoretical Grid Count

Usage Advantages:

Test different time periods to find the highest multiplication value
Make optimal stock and time frame selections for grid bot setup
Monitor both nATR and ATR values on a single screen
High multiplication values indicate ideal conditions for grid bots

Technical Features:

Adjustable calculation period (1-500 candles)
Visual alert system (high/low multiplication values)
Real-time value tracking table
SMA-based smoothed calculations

This serves as a reliable guide for grid bot investors in optimal timing and stock selection.