1 / 6

Average true range - Technical Analysis Indicator

The average true range is a moving average (generally 14-days) of the true ranges.

nsedata13
Download Presentation

Average true range - Technical Analysis Indicator

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. http://www.nsedata.com Technical analysis indicator Average True Range

  2. http://www.nsedata.com ATR was originally developed for commodities but the indicator can also be used for stocks and indexes. The average true range is a moving average (generally 14-days) of the true ranges. Introduction:

  3. http://www.nsedata.com Current ATR = [(Prior ATR x 13) + Current TR] / 14 Formula:

  4. http://www.nsedata.com ATR is not a directional indicator, such as MACD or RSI. Instead, ATR is a unique volatility indicator that reflects the degree of interest or disinterest in a move. ATR can be used to validate the enthusiasm behind a move or breakout. A bullish reversal with an increase in ATR would show strong buying pressure and reinforce the reversal. Advantages:

  5. Technical chart for ATR

  6. Please visit www.nsedata.com for more details. Thank you

More Related