First introduced in 1978 in the book New Concepts in Technical Trading Systems by J. Welles Wilder, the average true range (ATR) indicator has long been a valuable tool for technical traders of all ...
In technical analysis, investors use quantifiable metrics to gauge potential stock movements based on behavior. Many of these variables stem from measuring the stock’s volatility. And this includes ...
In this lesson, we explore the average true range indicator, how to calculate it, and what it’s got to do with turtles (it will make sense when we get there!). What is the average true range (ATR) ...