ATR - sorry

[karl6666]

Maybe a silly question folks, if im looking for the average pip range of the forex pair, i have added the ATR (14) to the chart.

eg

gbp/usd
daily candle

the reading from the right hand column on the ATR = 0.0182

is the 14 day daily pip range 182 pips.



K

 

[Charlton]

Yes - the average daily range for that pair at that time covering 14 periods was 182 pips.

Here is just one of thousands of links that explain the ATR calculation

Average True Range — Technical Indicators, Technical Analysis

Charlton

 

[karl6666]

Yes - the average daily range for that pair at that time covering 14 periods was 182 pips.

Here is just one of thousands of links that explain the ATR calculation

Average True Range — Technical Indicators, Technical Analysis

Charlton

ta