I am confused with ATR number on my trading platform, ATR is often showed higher than currency rates
Here’s a screen shot . In the screen shot ATR is almost same as rate or even higher, how to correctly calculate/interpret value in ATR indicator?
Many thanks
ATR should be shown as pips, not a price. It’s shows the average range in pips a pair trades over a period of time.
Could you perhaps post a larger chart? I’m trying to see what’s going on but your charts are too small to read the numbers.
I’m not familiar with the platform you’re using but it looks to me like that indicator is just plain wrong.
on my EUR/USD 15m chart I’m showing a current ATR(14) of .0013, or 13 pips.
Anyone else have any ideas??
Figured it out . It turned out that I rad it wrong … Thx:D
