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Tick ATR
Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=34094
Forum: 17 · Topic 34094 · 3 post(s)
Tick ATR
Apprentice · Thu Apr 04, 2013 7:03 am
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)
The indicator was revised and updated
Re: Tick ATR
Alexander.Gettinger · Fri Jun 06, 2014 3:20 pm
MQL4 version of Tick ATR oscillator: viewtopic.php?f=38&t=60796.
Re: Tick ATR
Apprentice · Mon Jun 19, 2017 8:00 am
The indicator was revised and updated.