Guide To Mt4’s Average True Range
A buy signal occurs when the signal line changes color from red to green. It draws an easy to understand buy/sell signal line together with fractals on the activity chart. Periods less than 14 bars results in a choppier read of the indicator and any value above 14 results in a smoother read. The time period of ATR is usually fixed to 14, and it can also be changed on the user’s choice. ATR is one of the most recognised indicators when it comes to defining absolute maximum yet logical stop […]