Mastering the Intra-Day ATR Indicator for MetaTrader 5

Mike 2019.02.24 23:24 18 0 0
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Theory:

The Intra-Day ATR (Average True Range) is a handy tool that resets at the beginning of each trading period. Here’s how it works:

  • Daily resets for all time frames shorter than daily
  • Weekly resets for daily charts
  • Monthly resets for weekly charts

Usage:

This indicator can be utilized just like any standard ATR. It's perfect for gauging market volatility and helps you make more informed trading decisions.

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