The Average True Range Indicator

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The Average True Range Indicator

This is a forum thread for discussing the Knowledge Lab Article, "The Average True Range Indicator".
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Training literature vendor (e.g courses / spreadbetting guides / eBooks) Rhody Trader's Trading Profile
This article discusses the Average True Range indicator, a volatility-based technical study.
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This is a forum thread for discussing the Knowledge Lab Article, "The Average True Range Indicator".
Works well with the SmallCap 600. http://stockcharts.com/h-sc/ui?symbo...d=p87620891821
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I do not find value in the article as the coincidence of its philosophies with my outlooks does not exist. As a result, the article has achieved a rating of 3/10 from my perspective.
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Originally Posted by TraderPattern
I do not find value in the article as the coincidence of its philosophies with my outlooks does not exist. As a result, the article has achieved a rating of 3/10 from my perspective.
Well, that's absolutely fascinating TP. Perhaps you'd care to consider writing an article as I'm sure I wouldn't be the only one keen to look at a critical analysis by someone who has not only more than one philosophy (neat trick in itself), but also ties this in with multiple outlooks as well?

To have so much apparent flexibility in adopting a multi-faceted philosophical approach to your own trading whilst managing to identify a zero area of agreement in a topic as standard and traditional as ATRs really takes some doing.

Please consider writing up an article on your views as it's going to interesting I'm sure.

BTW - if you found the article had no value, why did you assign it 3/10 - why not 0/10?
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We have freedom of speech in this country, so you can say that what I say is crap if you want, and I can say that what you say is crap. And neither of us will have our heads cut off, unlike in Arab countries.

To answer your question, I gave it 3/10 cos i was feeling generous. If I wasn't generous, I would have given it 2, 1 or even 0 out of 10. But I am a nice guy, so it got 3.

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You miss my point TP. I wasn't in any way suggesting what you were saying was crap.

I am interested, and I'm possibly not the only one, to understand how you can have one or more philosophies and outlooks, none of which, in any way, have any conjunction whatsoever with the possibility of ATR having any significance in trading.

That's why I was encouraging you, obviously none too clearly, to offer us an article on precisely how that position could be maintained in opposition to such a traditional and classic piece of TA. Not that I champion it or use it or support it directly. But I do acknowledge its potential implications and its basic existence.

As for freedom of speech I am afraid that is as much an illusion as are most of the other 'rights' we assume we enjoy (and never really had).

I'm sure John will be comforted by your generosity, but I do urge you to consider even perhaps just a short post on the non-existence of ATR if you feel an article, its subsequent peer review, and the potential of receiving less than excellent rating yourself would cause you emotional disequilibrium.
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Your post does not make any sense to me, so please be quiet.
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