Cryptocurrency Q&A
What is the ATR indicator in Tradingview?
What is the ATR indicator in Tradingview?
CryptoMystic
Tue Jul 02 2024
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7 answers
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Could you elaborate on the ATR indicator in Tradingview and its significance in trading strategies? I'm curious to know how traders utilize this indicator to assess market volatility and potentially identify entry and exit points. Does it work across different asset classes, or is it more specific to certain markets? Additionally, I'm interested in understanding how the ATR is calculated and how it's displayed visually on the TradingView platform. I'd appreciate a concise yet thorough explanation of its functionality and potential applications in trading.
7 answers
BlockchainBaronessGuard
Thu Jul 04 2024
Central to its function is the decomposition of an asset's entire price range for a given period, providing a comprehensive understanding of the asset's fluctuations.
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SamuraiWarriorSoulful
Thu Jul 04 2024
This indicator is not confined to a single timeframe, making it adaptable to various trading strategies.
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DreamlitGlory
Thu Jul 04 2024
The ATR's calculation involves the use of lower-timeframe cumulative volume delta (CVD) candles.
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CryptoTitan
Thu Jul 04 2024
These CVD candles capture the minute-by-minute volume changes, enabling a precise measurement of the asset's trading activity.
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Nicola
Thu Jul 04 2024
The Average True Range (ATR) is a widely utilized technical indicator, renowned for its capability in gauging market volatility.
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