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- - **How do you calculate Average Daily/True Ranges?**
(*https://www.forexfactory.com/thread/334554-how-do-you-calculate-average-dailytrue-ranges*)

How do you calculate Average Daily/True Ranges?Hi, Can anyone tell me step by step and simply how you calculate ATR manually as I don’t like using an indicator and it is too confusing plus I do not think it’s very accurate rather do it the old fashioned way. Thanks. |

Pretty much tells you all you need to know here http://stockcharts.com/school/doku.p...true_range_atr I don't see why the ATR indicator is so confusing though? |

A bit shorter explanation (and without ads) can be found on Wikipedia: http://en.wikipedia.org/wiki/Average_True_Range |

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