Make sure you know this number and where the price action is in relation to it.
Lucra® by Mindie Kniss and Sean Stephenson
Success coaching for entrepreneurs and traders, plus online courses on coach training and professional speaker training.
Lucra® by Mindie Kniss and Sean Stephenson
Success coaching for entrepreneurs and traders, plus online courses on coach training and professional speaker training.
is the atr measured from the previous days close to the current price or from the days lowest to the hichest wick on the current day? or how
The True Range for today is the greatest of the following:
Today’s high minus today’s low
The absolute value of today’s high minus yesterday’s close
The absolute value of today’s low minus yesterday’s close
Source: https://www.fidelity.com/learning-center/trading-investing/technical-analysis/technical-indicator-guide/atr#:~:text=The%20True%20Range%20for,low%20minus%20yesterday%27s%20close