The first step in calculating ATR is to find a series of true range values for a security. The price range of an asset for a given trading day is its high minus its low. To find an asset's true range ...
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 this lesson, we explore the average true range indicator (ATR), 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 ...