Average True Range (ATR)
Average True Range (ATR)
Apr 23, 2020
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ATR Trading Strategy: Day Trade FX With Average True Range
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Average True Range (ATR) us our favorite indicator and here is why: For those of you that aren’t familiar with ATR, it is very simple. ATR is just the average range or distance a stock has moved over a past period of days. Usually, platforms will use the past 14 trading days as the average.🗓️ Now, on NORMAL days (meaning days where there is no news events or earnings affecting the stock like we explained in this video), you can use ATR to gauge if a stock still has some room to continue upwards
0:36
Average True Range (ATR) us our favorite indicator and here is why: For those of you that aren’t familiar with ATR, it is very simple. ATR is just the average range or distance a stock has moved over a past period of days. Usually, platforms will use the past 14 trading days as the average.🗓️ Now, on NORMAL days (meaning days where there is no news events or earnings affecting the stock like we explained in this video), you can use ATR to gauge if a stock still has some room to continue upwards
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