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label

Average True Range

By label, in Day Trading and Scalping

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label    10

label
Posted

Who here uses Average True Range (ATR) and how?

 

I am interested in finding a free website that you can plug in the symbol, choose your time period (1,2,5 minutes) and get the ATR. A few sites have the daily and weekly ATR but I can't find one that has it by minute.

 

Any help greatly appreciated.

 

Label

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zapisy    10

zapisy
Posted

You need to have a data feed in order to get 1 min change - probably...

 

Often, extremes in Average True Range are associated with a change in character of a market, from trending to trading range and vice versa.

 

ATR may be used for money management, breakouts etc.

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