Beware of robber banks (RB), bad advisors. ![](https://resources.faireconomy.media/images/emojis/64/1f609.png?v=15.1)
![](https://resources.faireconomy.media/images/emojis/64/1f609.png?v=15.1)
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The ATR is a very popular trading indicator but I see often that many traders interpret or use the ATR incorrectly. With this guide I want to help create more clarity around this useful indicator and show you how it can help your trading. I won’t bother you with math formulas but I want to show you how the ATR is being calculated based on some simple candle examples. I strongly believe that a trader MUST understand how his indicators are being created to make the right trading decisions. It’s pretty easy, though, as you will see. ATR stands for Average True Range which means that the ATR measures how much price ... (full story)