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Normalized Average True Range (NATR) (Volatility) [cI8DH]

As you can see in the chart below, regular ATR is not useful for long term analysis. Normalizing it, fixes the issue. This indicator can be used to measure absolute volatility. It has a built-in stochastic as well for relative volatility. ATR counts high and low in the equation unlike Bolinger Band Width.

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Stochastic:
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הערות שחרור
Added relative volatility

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