Indicators
Average True Range: Using Volatility Without Predicting Direction
Average True Range (ATR) is a measure of observed trading range.
Technical methods examined critically, without promises of performance.
Average True Range (ATR) is a measure of observed trading range.
Candlesticks summarize open, high, low and close for one interval.
Moving averages smooth noisy price data, making persistent direction easier to see while necessarily reacting after the underlying move has begun.
The RSI can stay above 70 through a strong trend. Treat a threshold as a description of momentum, not a guaranteed reversal.
Support and resistance are areas where participants have previously interacted with a price, not invisible walls that compel future reversals.