Does Average True Range Agree on ES and MGC? (1-minute Charts)
Educational reference. Measured from recorded market data through September 13, 2026. Not a forecast.
Average True Range measures how much ground a bar covers — volatility, not direction. This page asks a narrower question than the price comparison: when Average True Range moves on E-mini S&P 500, does it move the same way on Micro Gold?
| Bars where Average True Range moved on both | 41,216 |
|---|---|
| … and moved the same direction | 24,088 (58.4%) |
| Price correlation, same period | +0.401 |
Why this is not the same as the price question
Two markets can move together while their momentum, trend strength or volatility do not. A reading that agrees far less than price suggests is exactly where one market is losing steam while the other keeps going — and a reading that agrees more is tracking something shared that direction alone does not capture.
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Questions traders ask
ATR next 30 bars for ES Yes. Alongside the regular ATR, LiveCharts.AI draws the predicted ATR for ES on every timeframe from 1 minute to 1 hour, updated as each candle closes. Predictive indicators →
Bullish or bearish today for ES Today's and tomorrow's ES prediction is live in the LiveCharts.AI app; the record of past ES predictions compared with what happened is on the market page. Market prediction page →
Can predicted indicators improve analysis for ES? It depends on the chart and how far ahead. LiveCharts.AI publishes how often its recent ES predictions got the direction right, chart by chart, so you can compare before relying on one. Can AI predict futures prices? →