## ATR with volume (VATR)

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### ATR with volume (VATR)

Formulas:
VATR=Average(TR[i]*Volume[i]), where
TR - true range, TR[i]=Max(High[i]-Low[i], High[i]-Close[i-1], Close[i-1]-Low[i]).

VATR.lua
Alexander.Gettinger
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Joined: Wed Mar 31, 2010 9:40 pm
Location: Russia, Omsk

### Re: ATR with volume (VATR)

MQL4 version of indicator: viewtopic.php?f=38&t=17981
Alexander.Gettinger
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Posts: 2777
Joined: Wed Mar 31, 2010 9:40 pm
Location: Russia, Omsk

### Re: ATR with volume (VATR)

seems nice indicator but could you explain the idea behind it. ATR + volume ?
Jeffreyvnlk

Posts: 301
Joined: Wed Apr 11, 2012 2:17 pm

### Re: ATR with volume (VATR)

This is a simplified formula.
VATR = AVG of (TrueRange * volume )
ATR = AVG of TrueRange

The difference between these two versions.
VATR giving greater weight to price differences on High Volume.

Apprentice
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Location: Zagreb, Croatia

### Re: ATR with volume (VATR)

Indicator was revised and updated.

Apprentice
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Posts: 17153
Joined: Thu Dec 31, 2009 11:59 am
Location: Zagreb, Croatia