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Courses
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Robots
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- What is the difference between EA Trading Academy's free and premium robots
- Which broker should I use to trade the Robots?
- Do I need a VPS to trade with Robots?
- Can I use Robots on cryptocurrency exchanges?
- How to trade with many EAs in the US? (FIFO solutions)
- I placed the EAs over the charts, but no trades are opening
- Is it possible to trade cryptocurrencies with Robots?
- Why do my trades not match on Demo and Live accounts with the same EAs?
- Why do some of the EAs in the courses not have SL and TP?
- Do the EAs have money management integrated?
- What returns should I expect from the robots
- Can I use Grid EA (like Waka Waka) on Prop Firms?
- Can you pass a challenge for me and manage my Funded account with the FTMO EA?
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Strategy Builders
- What are the main differences between EA Studio and FSB Pro?
- Is there a difference between the trial period and the license?
- Why is the backtest on EA Studio/FSB Pro different from the backtest in MetaTrader?
- Can I use Custom indicators on EA Studio or FSB Pro?
- What are the limitations of the EAs during the free trial?
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General Questions
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Indicators
Average True Range (ATR)
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The Average True Range indicator is the average of all the true ranges considered over the specified period. It’s usually calculated based on 14 periods, which can be anything from intraday to weekly or monthly periods.
If the Average True Range (ATR) is expanding, it indicates that the market is volatile. ATR is not directional, so it can support either a decline or advance in the market when it is expanding. Expanding ATRs indicates strong market pressure to buy or to sell.
When the Average True Range is expanding, you’ll observe that each bar is getting larger. If the price reverses and the ATR increases, it indicates that there is the strength behind the move. If the ATR is very high, that’s usually the result of a sharp decline or advance and that’s unlikely to be sustained for a long time.
When the ATR is low, it indicates that the market volatility is low. That is, trading has occurred in very small ranges and there have been several quiet days. A prolonged low Average True Range may indicate a consolidation move and it’s possible that a reversal or a continuation move could occur.
Calculation
The Average True Range is an indicator of market volatility. While most calculations use a period of 14, if you would like to measure recent volatility, you’ll need to use a short average, such as two or ten periods. For longer volatility, traders may use up to 50 periods.
True Range is the greatest of the following three values:
- difference between the current maximum and minimum (high and low); ·
- difference between the previous closing price and the current maximum; ·
- difference between the previous closing price and the current minimum.
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