I love the ATR indicator because unlike other trading indicators that measure momentum, trend direction, overbought levels, and etc.
The ATR (average true range) indicator is none of it.
Instead, it’s something entirely different.
And if used correctly, the Average True Range is one of the most powerful indicators you’ll come across.
That’s why I’ve written this post to explain the awesomeness of the Average True Range indicator.
Here’s what you’ll learn: