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Wilders Volatility Index

Developed by J. Welles Wilder, Jr. this indicator is intended to measure true range over time and is also known as Average True Range. It is the greatest difference between: This period’s high and low, the previous period’s close and this period’s high, the previous period’s close and this period’s low.

Wilder's Volatility Index
Chart courtesy of Prophet Financial Systems
Categories Articles, Technical Analysis, Technical Indicators Tags Welles Wilder
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