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What Is the Average True Range (ATR)? The average true range (ATR) is a technical analysis indicator, introduced by market technician J. Welles Wilder Jr. in his book   New Concepts in Technical Trading Systems,   that   measures market volatility   by decomposing the entire range of an asset price for that period. 1 The true range indicator is taken as the greatest of the following: current high less the current low; the   absolute value   of the current high less the previous close; and the ab



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