Estimate the price distance covered up to the present moment. The average true range value is compared with the distance that the price has covered from the beginning of a time frame to the present moment. This volatility indicator doesn’t point to overbought/oversold areas, so its readings are estimated compared to the readings over prior […]

Read More

The print screen shows that the value is identical to ATR true range calculation. “0.0004” means that the average true range is four points for one candle period. Same approach as for above method with whipsaw filters, applies to entries after a trend line or a horizontal support/resistance level is breached. Instead https://trading-market.org/ of entering […]

Read More