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Tick ATR

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Tick ATR

Postby Apprentice » Thu Apr 04, 2013 7:03 am

TATR.png

This is a simplified version of the ATR.
So that it can be applied for Tick sources.

Explanation.
ATR is calculated as.
Average of True Range (TR).

True Range can be defined as.
The larger value of.
1) Current High less the current Low
2) Current High less the previous Close (absolute value)
3) Current Low less the previous Close (absolute value)

Tick ​​True Range can be defined as.
Current Close less the previous Close (absolute value)



TATR.lua
(2.88 KiB) Downloaded 630 times
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Re: Tick ATR

Postby Alexander.Gettinger » Fri Jun 06, 2014 3:20 pm

MQL4 version of Tick ATR oscillator: viewtopic.php?f=38&t=60796.
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Re: Tick ATR

Postby Apprentice » Mon Jun 19, 2017 8:00 am

The indicator was revised and updated.
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