Please answer this stupid question!

Discussion in 'Technical Analysis' started by Jerry78, Dec 5, 2003.

  1. Jerry78


    Does the average true range has any unit, such as $ per day?

    Does implied volatility and historical volatility has any unit???

  2. Pabst


    You can easilly assign a $ coefficiant to true range. Merely multiply TR x Tick size. Or for your own personal TR$ multiply the range by the tick size x the number of contracts or shares you trade.

    For vol much trickier. Ask Maverick.
  3. cvds16


    volatility = %/year