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This Average True Range is based on the True Range Indicator provided by cTrader / cAlgo and has been overlayed with a simple Moving average. It is valid for all time frames and the period can be triggered by a parameter (default value is 14 units with respect to the chosen time frame)
Have fun and good trades
As used by the Forex Peace Army in Steve Tutorial.
Gives the point of entry by placing a line along the top/Bottom of the spikes.
Distance from zero line is different for each pair
Top of the spikes to chose is the spikes top give a reasonable trade.
Trend may be defined by measuring the distance between zero and chosing the greatest distance.
Pay more attention to recent peaks.
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.
Donchian Channels is a volatility indicator based on the calculation of the current price range with the help of the recent highest and lowest prices.
All that is needed to calculate the Channel is to find the highest maximum and the lowest minimum for a definite period.
Historical volatility, as the name implies, measures the volatility of a market in the past, i.e. the historical fluctuation of price. As such it uses historical price data for the calculation. The calculation of volatility is the standard deviation of the natural logarithmic price change.
Bollinger Bands contain three lines: a moving average, an upper band and a lower band.
The upper band equals K times a standard deviation above the moving average and the lower band K times a standard deviation below the moving average. The standard deviation uses the same period as the moving average.
IFRAMA stands for Fractal Adaptive Moving Average and is another stroke of genius from John F Ehlers. It utilizes Fractal Geometry in an attempt to dynamically adjust its smoothing period to suit the changing price action over time.