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Average Relativ True Range

Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=65473
Forum: 17 · Topic 65473 · 2 post(s)


Average Relativ True Range

Apprentice · Fri Dec 22, 2017 5:25 am

AUDNZD H4 (12-22-2017 0935).png

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

ARTR.lua


Re: Average Relativ True Range

Apprentice · Wed Apr 04, 2018 6:40 am

The Indicator was revised and updated.