AVERAGE TRUE RANGE - ATR
It was introduced in Welles Wilder’s book: New Concepts in Technical Trading Systems as a volatility measure.
An indicator of true range is greatest of the following:
- The absolute value of the previous close deducted from the current high.
- The absolute value of the previous close deducted from the current low.
- Current low deducted from the current high.
It is a moving average, commonly 14-days, of the true ranges.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 11:00 | Ifo Business Climate Index | Jan | |
| 11:00 | Ifo Current Assessment | Jan | |
| 11:00 | IFO - Expectations | Jan | |
| 15:30 | Durable Goods Orders | Nov | |
| 16:00 | NBB Business Climate | Jan | |
| 01:50 | Corporate Service Price Index | Dec | |
| 02:01 | BRC Shop Price Index | Jan | |
| 02:30 | NAB Business Confidence | Dec | |
| 04:00 | Credit Card Spending | Dec |
