Average true range (ATR)
In an earlier article about the ADX indicator, I promised to post an article about the Average True Range (ATR). I will discuss the ATR indicator in the article you are reading right now. I will write about the signals the ATR sends and the calculation of the ATR. When using a technical analysis method, I personally always want to know how to interpret the signals and how to avoid misusing the technical analysis method. This will also be part of this article.