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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)

Pipanator Jan 3, 2012 12:09pm | Post# 1

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 donít like using an indicator and it is too confusing plus I do not think itís very accurate rather do it the old fashioned way.

Thanks.

willf Jan 3, 2012 2:52pm | Post# 2

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?

enivid Jan 4, 2012 6:14am | Post# 3

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


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