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MastersOfTrading
Jul 27, 2020 11:21 PM

MoT - [Analyst +] - Average True Range 

Australian Dollar/New Zealand DollarFXCM

Description

**THE INDICATOR**

The Advanced Average True Range Indicator comes with a plethora of advanced options, including a cumulative option.


**THE CHART**

AUDNZD on the 4HR Time Frame


**ON THE CHART INDICATORS**

- In the Top Panel we have this Indicator, the Advanced Average True Range indicator.

- Below the chart we have our Compare Candles which are set to show AUDNZD on the current time frame with "Heikin Ashi candles" plotted. This gives you the opportunity to see the HA Candles at the same time as the Normal Candles on the chart to give context.

- Below that we have our Compare Candles again which are set to show AUDUSD on the current time frame with "normal candles" plotted. This gives you the opportunity to also see how the Aussie is fairing against the USD at the same time.


**MASTERS OF TRADING**

Many Thanks and Trade Safe!

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