Investment Term For The Day - Average True Range

18/01/2022 1 min
Investment Term For The Day - Average True Range

Listen "Investment Term For The Day - Average True Range"

Episode Synopsis

The average true range Is a technical analysis indicator, introduced by market technician J. Welles Wilder Jr. in his book New Concepts in Technical Trading Systems, that measures market volatility by decomposing the entire range of an asset price for that period.1The true range indicator is taken as the greatest of the following: current high less the current low; the absolute value of the current high less the previous close; and the absolute value of the current low less the previous close. The ATR is then a moving average, generally using 14 days, of the true ranges.Become a supporter of this podcast: https://www.spreaker.com/podcast/investment-terms--4432332/support.