Apart from Volumes, Volatility also plays an important role stock market trading.
We have already discussed Volumes and Volatility in basic way.
Also on our Telegram Channel and Twitter Handle we have ready given links where daily Volatility reports can be downloaded. Still to make it easy we are sharing those links here again.
Anyway let's move further and discuss one of the volatility indicator which is commonly known as ATR (Average True Range)
Actually ATR is calculated by average of 'N' days for which range is found.
Range means difference of high and low for particular timeframe. Ideally parameter taken for ATR is 14 but this can be changed/modified as per trading requirement.
ATR can be used to determine target or stoploss or upside resistance or downside support as the case may be.
In low range or consolidated market moves use of ATR may not serve purpose.
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Please note this blog post is for education purpose only. While utmost care is taken while writing this post but any human error cant be ruled out and we apologize for same in advance.
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