In the financial markets, there's an indicator called the Average True Range (ATR), which basically tells you how many ticks an instrument has moved in total from during a given time period. For example, if the market had a high of 100 and a low of 95, the ATR would be 5.
I think having a measure of the average overall movement per second or per minute on Betfair markets would be useful. It would help measure how volatile the market is, and help you decide how wide to make your stops.
Jeff
Average True Range
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rubysglory
- Posts: 309
- Joined: Thu Nov 04, 2010 7:02 am
Good idea Jeff. As a hybrid trader it is not something that I would necessarily use but I agree that it has merit and may perhaps be more beneficial than some charts for some users. Would make a great addition to an already great product.
rg
rg