Tag Archives: Average True Range
A Short Primer on Welles Wilder’s “True Range” and “Average True Range”
Posted on30. May, 2009 by admin.
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A Short Primer on Welles Wilder’s “True Range” and “Average True Range”
Respected trader and educator J. Welles Wilder developed “Average True Range” (ATR) as a tool for a more precise and realistic calculation of market’s price activity and volatility.
The ATR is useful when calculating the directional movement of a market. Wilder defined the “True Range” [...]
