The first step in calculating ATR is to find a series of true range values for a security. The price range of an asset for a ...
Profit-taking depends on trading style: short-term traders should take profits often, while long-term trend followers should hold for big profits. Using the average true range from entry is a popular ...
First introduced in 1978 in the book New Concepts in Technical Trading Systems by J. Welles Wilder, the average true range (ATR) indicator has long been a valuable tool for technical traders of all ...