Cryptocurrency Q&A What is the difference between ATR and ADR?

What is the difference between ATR and ADR?

Michele Michele Tue Jul 02 2024 | 6 answers 1738
Could you elaborate on the key distinctions between Average True Range (ATR) and Average Daily Range (ADR) in the context of cryptocurrency trading and finance? ATR is often used as a volatility indicator, measuring the average range of prices over a given period. However, ADR focuses more on capturing the daily high-low range, potentially offering a more granular view of price fluctuations. How do traders typically utilize these metrics in their strategies? Are there any specific scenarios where one might be preferred over the other? Understanding these nuances could be crucial for making informed decisions in the volatile world of cryptocurrencies. What is the difference between ATR and ADR?

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