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Average Range

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Definition of 'Average Range'

The Average Range is the SMA of the Range that the market has traded in over the specified time period. This is the High minus Low of each bar/day/candle in the time frame averaged over the number of periods observed.

The Average Range is calculated over a number of different time periods in the Daily Notes which allows the comparison of how Average Ranges are changing over a period of time.

See also Average Range %

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