ATR Levels

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ATR Levels

Postby Apprentice » Wed Dec 14, 2016 7:51 am


LUA Original: viewtopic.php?f=17&t=2635


LUA to MT4 representation of the following formulas:

H4T line=maximum price for current day+ATR,
L4T line=minimum price for current day-ATR,
H4 line=maximum price for previous day+ATR,
L4 line=minimum price for previous day-ATR,

Where ATR=ATR with ATRPeriod for previous day.

There have also been incorporated the previous days ATR levels to help the trader visualize how the distint levels have been changing each day.

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