Binary options trader bot free demo accounts10 comments
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The key is right in the name. The ATR was developed by J. Welles Wilder in ATR can be very valuable to Nadex binary option and spread traders since it was designed for more volatile markets at its origin.
Unlike most technical indicators, the ATR was developed for commodities and daily price ation, not stocks and longer term price action. The ATR is simply a moving average of the true range calculation. The range of a trading instrument is simply the high of the period minus the low of the period. The price range of a commodity gives the trader information about the volatility of the market.
Large price ranges mean high volatility and small ranges mean low volatility. Understanding indicators before applying them can save you heartache and more importantly money so learn everything you can when given the opportunity. Bob Iaccino has spent the last 24 years in commodities, futures, FX, and equity options. In , Bob began teaching his techniques to the public.
In , Bob and his trading partner, Mike Arnold launched Path Trading Partners to continue teaching their trading strategies and launch an international proprietary trading group. The information contained above may have been prepared by independent third parties contracted by Nadex. In addition to the disclaimer below, the material on this page is for informational and educational purposes only and should not be considered an offer or solicitation to buy or sell any financial instrument on Nadex or elsewhere.
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