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Strategies & Market Trends : Beat The Street With SI Traders
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To: tyc:> who wrote (21006)11/14/2009 10:31:13 PM
From: TheSlowLane  Read Replies (1) of 233807
 
Ok, got it, thanks.

"Developed by J. Welles Wilder and introduced in his book, New Concepts in Technical Trading Systems (1978), the Average True Range (ATR) indicator measures a security's volatility. As such, the indicator does not provide an indication of price direction or duration, simply the degree of price movement or volatility."

stockcharts.com
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