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Forex Trading Indicator: The Average True Range Indicator
The Average True Range (or ATR) indicator is one of the widely spread Forex tools, which has the role of a specific “pulsometer” helping a trader to instantly find out the market’s volatility. For instance, a low ATR reading shows that the market is relatively calm and flat – trading ranges are narrow. You can meet this while trading the overnight session. Then a high volatility is reflected to be a high reading of ATR.
Read why Elliott Wave theorists and traders use Fibonacci Retracements and Projections when performing detailed forex reviews.
Read about the fascinating big picture theory of R.N. Elliott and how to apply it to trading forex in an online trading account.
Read this forex indicators article that discusses how to use the popular Moving Average Convergence Divergence or MACD indicator when forex trading online.
Read this forex indicators article that discusses how to use the popular Bollinger Bands indicator when forex trading online.