Like Bollinger Bands, this study creates a channel with upper and lower bands – but rather than using Standard Deviation, it adds/subtracts the Average True Range (ATR) to/from a Moving Average.
- Parameter Defaults (can be changed in Settings)
- Periods (Same for ATR and MA): 14
- Moving Average Method: Simple
- MA Element: Close
- ATR Multiplier: 1
- Horizontal Shift: 0/null
Example Chart with a ATR Band Study 
Parameters that can edited
