Speed & Average True Range (ATR)

No matter what type of trading you do, speed is always an important factor, and we use the Pace of Tape Indicator to measure the speed of the market, and we can compare the speed throughout the trading day with other technical indicators, such as Average True Range.

Average True Range measures the trading range of the market. The wider the range, the more profit potential we have.

Today’s video discusses a very interesting situation we saw in the markets where we compared the SPEED of the Tape with the Average True Range to get a better feeling for how the market was moving. Enjoy the video