[fr0x] ATR H4 & D1 Dashboard (Real Price)

📊 Multi-Timeframe ATR Visualizer (H4 & Daily)
Optimize your risk management with this streamlined indicator that displays the Average True Range (ATR) in real time on two strategic timeframes: 4 Hours (H4) and Daily.

No need to switch timeframes to see the current volatility of the asset. This tool is designed for traders who want to place smart stop-losses and set price targets based on actual market volatility.

🚀 Key Features
Dual MTF Display: Instantly view the H4 ATR and Daily ATR directly on your current chart.

Standard Setting: Default configuration based on 14 periods, the industry standard for reliable analysis.

Real-Time Reading: Values update dynamically with each price movement.

Suitable for Price Action: Designed specifically for reading Japanese candlesticks.

💡 Why use this indicator?
ATR is essential for measuring market “breathing.” By knowing the Daily and H4 volatility, you can:

Adjust your Stop-Losses: Avoid being pushed out of the market by daily “noise.”

Validate a Breakout: A level breakout with a rising ATR often confirms the strength of the movement.

Calculate your position size: Adjust your leverage according to current volatility.

🛠️ Configuration
ATR period: 14 (can be changed in the settings).

Smoothing: RMWA (Wilder) method for optimal accuracy.

Note: This indicator is lightweight and does not clutter your interface, making it ideal for combining with your existing strategies.