ATR stands for Average True Range, the MT4 build-in indior ...Originally Posted by ;
The average true range (ATR) is a measure of volatility introduced by Welles Wilder in his book, New Concepts in Technical Trading Systems. The legitimate range indior is that the greatest of the following: current high less the current low, the https://www.investopedia.com/terms/a/absolute-value.asp of the current high less the https://www.investopedia.com/terms/p/previousclose.asp along with also the total value of the current low less the prior close. The average true range is a https://www.investopedia.com/terms/m/movingaverage.asp, generally 14 times, https://www.investopedia.com/article...true-range.asp.
Source : https://www.investopedia.com/terms/a/atr.asp
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