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Here how ATR indicator works
The Average True Range (ATR) indicator is a tool used to measure the volatility of an asset.
It calculates the average range between the high and low prices of an asset over a specified period. A higher ATR value indicates higher volatility, while a lower value suggests lower volatility.
Traders often use the ATR to set stop-loss levels and determine position sizes based on the asset's historical price movements.
By understanding how the ATR works, you can better assess the volatility of assets and make more informed trading decisions. ๐