If you're trading with MetaTrader 4, you're probably familiar with the Average True Range (ATR) indicator. It's a solid tool for gauging market volatility, giving you a clearer view of market strength over a set period.
Average of ATR (AATR) is a straightforward yet powerful indicator that can bolster your price action trading strategy. Essentially, it compares the ATR to its own average, providing you with vital insights.
The confirmation rule couldn't be simpler: keep an eye on price action. When the ATR line crosses above the Average of ATR, that's your cue to act. You can consider entering a trade based on your signal at that moment.
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