So idea here is to calculate risk.
understanding fear in the market ATR is an indication of volatility, not direction.
A smaller ATR range means low volatility.. tentatively market is consolidating.
A larger ATR range means the market is dealing with uncertainty so volatility has increased.
you can see the value of ATR on your chart.
the value of past ATR14period value is be greater than current ATR14 Period to take risk on a trades. it will help you reduce risk.
understanding fear in the market ATR is an indication of volatility, not direction.
A smaller ATR range means low volatility.. tentatively market is consolidating.
A larger ATR range means the market is dealing with uncertainty so volatility has increased.
you can see the value of ATR on your chart.
the value of past ATR14period value is be greater than current ATR14 Period to take risk on a trades. it will help you reduce risk.
Note
past ATR 14 period < Current ATR 14 period
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.