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Need help with some daily averages.

  • #1
  • First Post: Aug 28, 2006 6:35am Aug 28, 2006 6:35am
Hi,

I'm trying to find out an update of the daily average range on the EURUSD, USDJPY, AUDUSD, EURGBP, EURCHF and CHFJPY pairs.

If you know of a free online charting tool I can use to research them, please let me know.

Thanks and happy trading !
  • #2
  • Aug 28, 2006 6:38am Aug 28, 2006 6:38am
Quoting astarflier
Hi,

I'm trying to find out an update of the daily average range on the EURUSD, USDJPY, AUDUSD, EURGBP, EURCHF and CHFJPY pairs.

If you know of a free online charting tool I can use to research them, please let me know.

Thanks and happy trading !
You can have idea of range from ATR(Average True Range).

kolachi
  • #3
  • Aug 28, 2006 6:48am Aug 28, 2006 6:48am
Quoting kolachi
You can have idea of range from ATR(Average True Range).

kolachi
kolachi,

I do you read ATR? My chart gives me a period setting of 14. What is the 14 for?
  • #4
  • Aug 28, 2006 6:57am Aug 28, 2006 6:57am
Quoting astarflier
kolachi,

I do you read ATR? My chart gives me a period setting of 14. What is the 14 for?
We have to see daily chart.ATR 14 means 14 periods average true range.It is average value that currency moved in past 14 days.On right side there is value that show the range till today since past 14 days.
If you want to see average in 100 days then change it to 100.
kolachi
  • #5
  • Aug 28, 2006 7:20am Aug 28, 2006 7:20am
nice guide!!thanx!!
  • #6
  • Aug 28, 2006 7:55am Aug 28, 2006 7:55am
Quoting kolachi
We have to see daily chart.ATR 14 means 14 periods average true range.It is average value that currency moved in past 14 days.On right side there is value that show the range till today since past 14 days.
If you want to see average in 100 days then change it to 100.
kolachi
How do you read it? For exemple EURUSD Daily chart with Average 365, it show an ATR of 0.0090. What is 0.0090?

Thank you for the help.
  • #7
  • Aug 28, 2006 9:24am Aug 28, 2006 9:24am
Quoting astarflier
Hi,

I'm trying to find out an update of the daily average range on the EURUSD, USDJPY, AUDUSD, EURGBP, EURCHF and CHFJPY pairs.

If you know of a free online charting tool I can use to research them, please let me know.

Thanks and happy trading !
Don't know if this will help you because it is written for VT Trader but it will calculate the MDR [Median Daily Range] (Max DRange + Min DRange)/2
for the length of the history of any chart Less than Daily Bars.


http://www.forexfactory.com/forexfor...ead.php?t=5813

Post #s 17 & 18
Attached Image
  • #8
  • Aug 28, 2006 10:44am Aug 28, 2006 10:44am
Quoting Bemac
Don't know if this will help you because it is written for VT Trader but it will calculate the MDR [Median Daily Range] (Max DRange + Min DRange)/2
for the length of the history of any chart Less than Daily Bars.


http://www.forexfactory.com/forexfor...ead.php?t=5813

Post #s 17 & 18
Thanks Bemac.

I didn't think it would be that complicated to figure out a daily average range.
  • #9
  • Aug 28, 2006 10:59am Aug 28, 2006 10:59am
Quoting astarflier
How do you read it? For exemple EURUSD Daily chart with Average 365, it show an ATR of 0.0090. What is 0.0090?

Thank you for the help.
A 365 Period ATR on a daily chart shows the average daily range for the year, which is 0.0090 or 90 pips per day. If you put ATR on a daily chart with a Period of 1 you will be able to see the range for each individual day.
  • #10
  • Aug 28, 2006 11:16am Aug 28, 2006 11:16am
Quoting Sampson
A 365 Period ATR on a daily chart shows the average daily range for the year, which is 0.0090 or 90 pips per day. If you put ATR on a daily chart with a Period of 1 you will be able to see the range for each individual day.
THANK YOU.
  • #11
  • Aug 28, 2006 12:50pm Aug 28, 2006 12:50pm
The following short article may help you to have a better understanding of ATR:
http://www.metaquotes.net/techanalys...age_true_range

You may also refer to the following pages for the definition of ATR and its usage:
http://www.investopedia.com/terms/a/atr.asp

http://www.forexrealm.com/technical-...rue-range.html
  • #12
  • Aug 29, 2006 12:13pm Aug 29, 2006 12:13pm
Quoting aparsai
The following short article may help you to have a better understanding of ATR:
http://www.metaquotes.net/techanalys...age_true_range

You may also refer to the following pages for the definition of ATR and its usage:
http://www.investopedia.com/terms/a/atr.asp

http://www.forexrealm.com/technical-...rue-range.html
THANK YOU.
  • #13
  • Last Post: Aug 30, 2006 9:02am Aug 30, 2006 9:02am
Quoting astarflier
THANK YOU.
You're welcome.
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