How to understand the ATR (Average True Range) indicator
https://www.metatrader5.com/en/mobile-trading/iphone/help/chart/indicators/oscillators/average_true_range
Try this article from the site.
Average True Range - Oscillators - MetaTrader 5
- www.metatrader5.com
Average True Range Technical Indicator (ATR) is an indicator that shows volatility of the market. It was introduced by Welles Wilder in his book "New concepts in technical trading systems". This indicator has been used as a component of numerous other indicators and trading systems ever since. Average True Range can often reach a high value at...
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Hey there
I'd be very grateful if someone could be so kind as to talk me through how to use the ATR, preferably in a way that I could understand. I have watched video after video on YouTube, but I just can't for the life of me, understand how I would go about using it. I am extremely new and I am looking forward to my journey as a Forex trader. Currently I am using a demo account and I plan on doing so until I am profitable over a certain period of time.
Thank you in advance for any help you can give me.