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ATR

Question

Hi

I am fairly new to this site and I am having a problem reading the Average true range on the charts. I use Sharepad for most of my trading and I am used to ATRs between approx 10 to 60. The charts associated with my watchlist are showing dramatically different figures. I am obviously doing something wrong. eg. NEX                   IG  ATR 5     Sharepad ATR 39.2

                                                             FERROXPRO    IG  ATR 3.2  Sharepad ATR13.1

And many others are showing this discrepancy. I realise things change with time but the differences are quite wide.

 

Help please 

Regards chaser

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