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ATR with volume (VATR)

PostPosted: Mon Apr 02, 2012 9:57 am
by Alexander.Gettinger
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]).

ATR_with_Volume.PNG


Download:
VATR.lua
(2.96 KiB) Downloaded 1299 times


The indicator was revised and updated

Re: ATR with volume (VATR)

PostPosted: Tue May 08, 2012 5:22 pm
by Alexander.Gettinger
MQL4 version of indicator: viewtopic.php?f=38&t=17981

Re: ATR with volume (VATR)

PostPosted: Wed Oct 31, 2012 1:22 pm
by Jeffreyvnlk
seems nice indicator but could you explain the idea behind it. ATR + volume ?

Re: ATR with volume (VATR)

PostPosted: Thu Nov 01, 2012 3:02 am
by Apprentice
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.

Re: ATR with volume (VATR)

PostPosted: Mon Apr 17, 2017 7:07 am
by Apprentice
Indicator was revised and updated.