True Range Indicator Formula, Usage and Strategy

True Range Indicator

True Range Indicator is an indicator that measures volatility. J. Welles Wilder developed this indicator. His most famous classic trading book is “New Concepts in Technical Trading Systems“. The developer, Wells Wilder believed that most trading systems were broken down into two basic components. The first part of this book focuses on the “technical trading … Read more

Average True Range (ATR) Indicator: Formula, Settings & Strategy

Average True Range (ATR) indicator rising during volatility expansion on a candlestick chart

Introduction If you have been trading stocks, indices like Nifty or Bank Nifty, or even commodities, you will often notice that sometimes the market moves very slowly and sometimes it becomes extremely volatile. Understanding this volatility is extremely important for traders because volatility determines how far the price can move within a certain period. One … Read more

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