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Average True Range

A measure of a security's typical daily price range.

How to read the number

Useful for choosing the distance to a protective order: a stop set too close is triggered by ordinary noise.

Related terms

Следующий шаг курса «Technical analysis: what it can and cannot do» · разборThe limits of technical analysisIt describes price behaviour and disciplines action. It cannot predict the future, and an honest discussion of it starts there.Читать дальше Предыдущий шаг: Trading volume: the only dimension besides price