Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=65473
Forum: 17 · Topic 65473 · 2 post(s)
Apprentice · Fri Dec 22, 2017 5:25 am

While ATR is calculated as Average of True Range. Average Relativ True Range is calculated as Average of Relativ True Range. First we calculate min,max of True Range Relativ True Range is calculated as (True Range -min)/(max/min) Simple version Relativ True Range is calculated as True Range /max
Apprentice · Wed Apr 04, 2018 6:40 am
The Indicator was revised and updated.