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Glossary > A > "Average true range bands" Definition

Average true range bands

An envelope consisting of support and resistance lines of the average true price range, calculated by the exponential average of the difference between highs and lows.

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Average true range bands - An envelope consisting of support and resistance lines of the average true price range, calculated by the exponential average of the difference between highs and lows.

Average true range bands : an envelope consisting of support and resistance lines of the average true price range, calculated by the exponential average of the difference between highs and lows.