Smittens4212. The problem is knowing when the market is trend or range. This is also subjective.
Most beautiful picture in Forex 4 replies
CHECKstar's Lie Trading Journal 34 replies
Why do charts lie??? 1 reply
DislikedSmittens4212. The problem is knowing when the market is trend or range. This is also subjective.Ignored
DislikedThis is a discussion about why indicators are completely useless.Ignored
DislikedIs it "fashionable" to hate indicators? This thread seems to suggest otherwise.
PS I never said I hate them.Ignored
Disliked
Lets take what craig said about ATR. This indicator measures volatility, which is an indirect measure of liquidity. It lets us know what is reasonable to expect from a currency pair, in terms of it's behavior. This allows one to manage his risk better. Great, it doesn't pinpoint any specific value, nor does it give you any certainty, it's just a general range.
.Ignored
DislikedLeonlorenzo, actually if there are less participants in a market then obviously moves will be more pronounced (ie higher volatility ) because there are less people able to accept the different ranges in price. Conversely, if the are more participants the "granularity" if you like is higher and therefore price is more stable and less volatile.
Go read up.Ignored