What Is ATR?
The average true range is a volatility indicator. Volatility measures the strength of the price action, and is often overlooked for clues on market direction. Many Traders Use This For Stop Lose Purpose.
Here i am going to share some thing new with this indicator Concept. I Create a An indicator for this Purpose.This is best for intra day Traders . You can use this indicator with S/R or RSI Overbought & Oversell Levels.
See Blow Video For More Details.