Average True Range (ATR) Indicator – Technical Analysis - Excel Template

Description
What is Average True Range (ATR)?
The Average True Range (ATR) is used to measure volatility. ATR is not used to indicate the direction of price.
How to calculate Average True Range (ATR)?
ATR = Average of True Range
True range = max [ (high – low), ABS(high – previous close), ABS (low – previous close)]


ATR Excel Template
The template will help you create the ATR indicator automatically for any stock.
The blue line indicates the Closing price and the Orange line the ATR

Requirements
To pull live Stock data from the services you would need either Microsoft 365 Subscription Plans for PC and Web


How to create Average True Range (ATR) indicator in Excel?
Type in a stock sticker symbol on the top left
If Excel does not recognize your stock symbol, it will pop up this data selector box.

You can select the stock you are interested in.
Period
The template can pull up to 5 years of price history by default. You can choose how much history to display on the chart easily using the slicer buttons.
The options are 5 Days, Month Till Date, 1 Month, 3 Months, 6 Months, Year Till Date, 1 Year, 5 Years.
Interval
The template allows price history at 3 different intervals.
Input Parameters

1. Source: Closing price is the one that is used for calculations typically. However, you can choose from Open, High, Low, Close or Volume.
2. SMA Length: You can type in a length in periods. The commonly used is 14.
The chart will update automatically based on all the above inputs.