Hi All,
I am trying to understand how to use ATR and have noticed something that puzzles me: the ATR numbers vary considerably between time periods on the chart, even for the same date.
e.g.
Yahoo Finance chart (as I find the ATR on the Stockopedia chart to lack detail):
For the FTSE 100 index the ATR(14) for the 25/09/2020 is around 100 on a 3M, 6M and 1Y chart. But on a 2Y chart around the same date, the ATR(14) is about 275.
Can anyone explain why there is such a massive difference?
Thanks,
Wayne