What's an ATR?

Chill · September 2, 2007, 5:54am

Someone mentioned an “ATR”: Average True Range:

I’m curious: what is it? How do you calculate it? How is it useful for Forex?

Answers hugely appreciated!

Chill

swordofrue · September 2, 2007, 6:54am

rhodytrader · September 4, 2007, 8:15am

Here’s an article I wrote on the subject a while back: The Average True Range Indicator

This is actually one of the only indicators I look at.