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BS Editor: This section covers the basics of using the Advanced Indicator Expansion Pack. Learn about each advanced indicator, its calculation and interpretation, and how to apply it in Track ‘n Trade High Finance.The Advanced Overlay Indicators can be displayed in the Chart Window and select the name of the Advanced Indicator that you would like to display.
The Average True Range Indicator was developed by Welles Wilder to work with the commodity industry.The purpose of the ATR is to recognize the level of volatility in a market.
Volatility is a measurement of the change in price over a given period. It is often expressed as a percentage and computed as the annualized standard deviation of the percentage change in daily price.
When a market is going sideways, it typically exhibits low volatility and is difficult to trade. A market with higher volatility is typically trending better which would produce more opportunities to get into a trade. If a market’s volatility is too high, traders find that the market is too erratic, and it becomes difficult to trade. In using the ATR, traders hope to measure the level of volatility to help them interpret the different markets they are watching. It is important to remember to consult other indicators or analysis so that you are not relying on only one indicator to determine market entry or exit.
The ATR’s value is a measurement of the market volatility. When a market is increasing in volatility the ATR will have a higher value, and when the market is decreasing in volatility the ATR will have a lower value. you can free download Track n Trade High Finance 1.0.4.1 now.

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