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Definition of true. 1  1 : in accordance with fact or reality. 2  2a : without deviation the bullet flew straight and trueb : without variation from type breed true.
The Average True Range is an indicator used for determining the volatility of a pair in the Forex market. The ATR is used for technical analysis is other markets too such as stocks, options, and futures.What the ATR does is simple. It measures the range of price movement for a specific price period.History of the ATR.he Average True Range is an indicator used for determining the volatility of a pair in the Forex market. The ATR is used for technical analysis is other markets too such as stocks, options, and futures. What the ATR does is simple. It measures the range of price movement for a specific price period. History of the ATR.