This study draws clouds from 1 to 4 ATR and -1 to -4 ATR so you can easily see where an underlying is trading compared to its average range.
![](https://wstrades.com/wp-content/uploads/2021/04/Screenshot-102-edited-1024x576.png)
This study draws clouds from 1 to 4 ATR and -1 to -4 ATR so you can easily see where an underlying is trading compared to its average range.