recommend: better used it on UK & US overlap session {big volatility}
if a pair's price makes a move or reversal, either Bullish or Bearish, there will usually be an increase in volatility. In that case, the ATR will be on the rise. This can be used as a way to gauge the underlying strength of the move. The more volatility in a large move, the more interest or pressure there is reinforcing that move.
On the other hand, during periods of sustained sideways movement, volatility is frequently low. This could assist in the discovery of trading ranges.
for better resulting using ATR : https://www.mql5.com/en/market/product/14233
https://www.tradingview.com/wiki/Ave...rue_Range_(ATR
How To Use The ATR Indicator - The Universal Trading Tool
https://www.luckscout.com/how-to-use...forex-trading/
2016-12-21_225810.jpg
2016-12-21_225748.jpg
2016-12-21_225727.jpg
2016-12-21_225650.jpg
regard
if a pair's price makes a move or reversal, either Bullish or Bearish, there will usually be an increase in volatility. In that case, the ATR will be on the rise. This can be used as a way to gauge the underlying strength of the move. The more volatility in a large move, the more interest or pressure there is reinforcing that move.
On the other hand, during periods of sustained sideways movement, volatility is frequently low. This could assist in the discovery of trading ranges.
for better resulting using ATR : https://www.mql5.com/en/market/product/14233
https://www.tradingview.com/wiki/Ave...rue_Range_(ATR
How To Use The ATR Indicator - The Universal Trading Tool
https://www.luckscout.com/how-to-use...forex-trading/
2016-12-21_225810.jpg
2016-12-21_225748.jpg
2016-12-21_225727.jpg
2016-12-21_225650.jpg
regard