I'm trying to understand a term I encountered. It's ATR, and I'm not sure what it stands for or represents. Could someone please explain the meaning of ATR to me?
5 answers
Alessandro
Wed Oct 30 2024
ATR takes into account any gaps in the price movement, making it a reliable measure of volatility.
GyeongjuGloryDaysFestival
Wed Oct 30 2024
Generally, the ATR calculation is based on 14 periods, but this can vary depending on the trader's preference. These periods can be intraday, daily, weekly, or monthly.
Valentina
Wed Oct 30 2024
The Average True Range (ATR) is a technical indicator used to measure
market volatility.
Caterina
Wed Oct 30 2024
It represents the average of the true ranges over a specified period of time.
MysterylitRapture
Wed Oct 30 2024
The true range for each period is calculated by taking the greatest of the following three values: the current high minus the current low, the current high minus the previous close, and the previous close minus the current low.