Glossary › ATR expansion
Trading glossary · indicators
ATR expansion
When a very quiet market suddenly makes one giant candle that bursts out of its small box, like a gust after still air.
The fuller meaning
A volatility breakout: after ATR sinks to one of its lowest levels in a long while, one big candle spans at least twice the recent ATR and closes beyond the recent range; in this app's library it must close past the last 10 candles' high or low. It shows energy returning, but the first burst does not always last.
ATR expansion.
Related words
61.8% level · ATR · bearish divergence · Bollinger Bands · bullish divergence · crossover · %D · death cross · divergence · dynamic resistance