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Tick ATR

PostPosted: Thu Apr 04, 2013 7:03 am
by Apprentice
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 1176 times


The indicator was revised and updated

Re: Tick ATR

PostPosted: Fri Jun 06, 2014 3:20 pm
by Alexander.Gettinger
MQL4 version of Tick ATR oscillator: viewtopic.php?f=38&t=60796.

Re: Tick ATR

PostPosted: Mon Jun 19, 2017 8:00 am
by Apprentice
The indicator was revised and updated.