fxcodebase-backup
Average True Range vs Standard Deviation
Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=22965
Forum: 17 · Topic 22965 · 5 post(s)
Average True Range vs Standard Deviation
Apprentice · Mon Sep 03, 2012 2:00 pm
According to the author, web references, we have.
Ranging/Sideways market ATR(14) > Standard Deviation(14)
Trending market ATR(14) < Standard Deviation(14) it means EUR/USD
The indicator was revised and updated
Re: Average True Range vs Standard Deviation
gmiller · Tue Sep 04, 2012 9:02 pm
According to the author, web references, we have.
Ranging/Sideways market ATR(14) > Standard Deviation(14)
Trending market ATR(14) < Standard Deviation(14) it means EUR/USD
But in the code looks like other way
Code: Select all
if A.DATA[period] > mathex.stdev(source[Price], period - SP + 1, period) then
Value:setColor(period, instance.parameters.Tranding);
else
Value:setColor(period, instance.parameters.Ranging);
end
Re: Average True Range vs Standard Deviation
Apprentice · Wed Sep 05, 2012 2:37 am
Fixed.
Re: Average True Range vs Standard Deviation
rose123 · Wed Sep 05, 2012 6:05 am
this is very useful indicator.
Re: Average True Range vs Standard Deviation
Apprentice · Mon Apr 24, 2017 5:32 am
Indicator was revised and updated.