RightEdge - The Ultimate Backtesting and Trading System Development Platform

Average True Range Indicator

Average true range is a volatility indicator. High ATR values are often correlated with high volatility as prices bottom and there is a sell off. Low ATR values are often correlated with low volatility as prices stabilize or move into a sideways channel prior to a possible breakout.

 

See Also

Average True Range Developer Help

True Range Indicator