The Average True Range (ATR) is an indicator that measures volatility. A volatility formula based only on the high-low range would fail to capture volatility from gap or limit moves. Wilder created Average True Range to capture this "missing" volatility. It is important to remember that ATR does not provide an indication of price direction, just volatility.
- Type: Free
- Language: C#
- Trading Platform: cTrader Automate
- Filename: Average True Range.algo
- Rating: 3.33
- Downloads: 3496