OlympTrade Technical Indicator Average True Range
The ATR (Average True Range) technical Indicator shows the current volatility of an asset, i.e. it shows the average movement of an asset over a period of time.
J. Welles Wilder is the designer of the indicator and it was first introduced in his book “New concepts in technical trading systems” in 1978. This book still sells on average 36,000 copies per year. Initially, like many other indicators, the ATR indicator was created for end-of-day prices and commodity futures, which tend to be more volatile than what stocks are. This however evolved and it is now used in the Forex market and for other time periods.
Wilder, together with two partners, embarked on a project to construct 1,035 apartments in 5 cities in Virginia and North Carolina. Before completion of the apartments, his partners offered to buy out his share in the project. A fair price was agreed on and Wilder, at age 38, received $100,000. He then started studying how to trade stocks.
Wilder is now 87 years old and lives on New Zealand’s Southern Island. He describes his life in his last book “The Wisdom of the Ages in the Acquisition of Wealth.” In the book, he says he would be much wealthier than now if he had known in his youth what he wrote in this book. Wilder’s indicators are seen as the basics for many technical analysis programs and are included in most modern trading platforms:
- Average Directional Index (Wilder’s favorite indicator)
- Average True Range
ATR does not predict the direction of a price movement, but has been designed exclusively to describe an asset’s current volatility. As such, it is an additional technical analysis tool that is only useful when 如何在MT4上注册和交易Olymp Trade Forex used together with other technical overlays and indicators. The Average True Range is therefore an auxiliary tool that can be used to analyze a financial asset.
Configuring the indicator
The indicators should be configured in a separate Technical Analysis window on Olymp Trade’s platform. The indicator can be found in the Tendencies section after “Indicators form” has been selected in the Indicators tab:
Technical Indicator Average True Range on OlympTrade
Today we going to talk about how to Login into your Olymp Trade account. However if you don’t have your personal account, you will need to create one. You will be able to Login from app on 如何在MT4上注册和交易Olymp Trade Forex your mobile device as well, but I’m going to show how to make it from browser.
how to login?
At first, you will need to go to the Olymp Trade platform and find this form on the Home page. Here you will need to enter your E-mail address and your password. Note that broker will remember your password if you don’t leave a tick on “Do not remember me”. After all information is filled you may press on the ‘Log in’ button.
Does Olymptrade accept EU or USA traders?
Prohibited login for restricted countries
Olymp Trade does not accept traders from EU and USA. The reason of that is regulations and license which the don’t have in this countries. However, traders from all of other countries are welcome.
How to restore access?
Restore access to Olymptrade.com
Sometimes traders forgets their passwords, but 如何在MT4上注册和交易Olymp Trade Forex they are really easy to restore. To restore your password you will need to press on the “Change password” button which is located in the Login form.
form to restore access to broker
You will be redirected to the following page. Here you will need to enter your valid E-mail address. On this address you will receive a recovery message with instructions. Also don’t forget to leave a tick near “如何在MT4上注册和交易Olymp Trade Forex I’m not a robot” reCAPTCHA. After you may press on the ‘Restore button”.
My account blocked what to 如何在MT4上注册和交易Olymp Trade Forex do?
Olymptrade account blocked or suspended
Some traders may meet such a problem as blocked account. Firstly, Olymp Trade will never block your account for no reason. Most often it happens because trader had violated the rules of the platform. Olymp Trade is a serious trading platform and I recommend to be honest with 如何在MT4上注册和交易Olymp Trade Forex them. You may, however write to the support, they will always help you.
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