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Old 06-28-2009, 10:43 AM
trading801 trading801 is offline
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Quote:
Originally Posted by Ms_Mel View Post
Hi there,

As you can see in the pic below, the ATR reads 135 for today (this is eurusd) but for the daily average, the indic reads 156. You can see, however, that the "high to low" also indicates 135. So if you're looking for the "high to low", ATR will do the trick. Just remember it's isn't the same as the Daily Average.



Hope this helps,

Ms_Mel
thanks.. but i am not sure if i understood it well.. can you kindly explain the difference in layman terms?
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