Archive for August, 2008
Average True Range (ATR)
Topics: Technical Indicators
Average True Range (ATR) is a technical indicator used in technical analysis by most traders. This Indicator developed by J. Welles Wilder in 1978, created for the commodity markets. Nowadays it’s widely used in Forex market.
Average Directional Movement Index Rating (ADXR)
Topics: Technical Indicators
Average Directional Movement Index Rating (ADXR) is one of technical indicator used in forex technical analysis. This indicator used by many traders to measures the strength of a prevailing trend and defines if there is direction in a market.