Average True Range (ATR) is a volatility indicator. It is also used as part...
True range is the greatest of the following differences: 1. Today's high to today's low 2. Today's high to yesterday's close 3. Today's low to yesterday's close The range is normally the 'high-low.' However, any time the value of yesterday's close is not within the range of today's bar, rule b) or rule c) applies. As with most other indicators, the periodic value is summed and smoothed to create the final indicator.
The average over the last "X" periods of the true range of prices which is the largest of the following: (1) current period's high minus current period's low; (2) current period's high minus previous period's close; or (3) current period's low minus previous period's close. A common period used by traders is daily.
On charts, the Average True Range is an indicator that measures volatility as the greater of the following: current high less the current low; the absolute value of the current low less the previous close; or the absolute value of the current low less the previous close. The Average True Range is a moving average (generally 14 days) of the True Ranges.
Moving average of the true range.
Average true range is defined as the average of the price movement over a preset number of bars. The default value is set at 8 bars in OmniTrader. The average over the last "X" bars of the true range which is the largest of the following: 1) this bar's high minus today's low; 2) this bar's high minus the previous bar's close; or 3) today's low minus the previous bar's close.
An indicator that measures volatility of a security. High ATR values indicate high volatility and may be an indication of panic selling or panic buying. Low ATR readings indicate sideways movement by the stock.
Average True Range (ATR) is a technical analysis indicator developed by J.