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The Average True Range ( ATR ) is a measure of market volatility over a specified number of days. You should not expect a big continuation move when the price has reached the end of the range. The market is considered to have run out of fuel. If the price has not reached the edge, it still has a range. The indicator formula allows you to calculate High-Low levels both in aggregate and individually. You can also use these levels as support/resistance and target. Input parameters. Start Day -
The indicator shows round levels on the chart. They are also called psychological , banking, or levels of major players. At these levels, there is a real fight between bulls and bears, the accumulation of many orders, which leads to increased volatility. The indicator automatically adjusts to any instrument and timeframe. When the level 80 is broken through and then tested, we buy. When level 20 is broken through and