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Average True Range (ATR)

 

This calcualtion uses a Welles Wilder moving average of the True Range.

Parameters:

BarsBack Period with which to calculate the Welles Moving Average

MinBars 2(Fixed)

Arguments:

None

Output Indicators:

Atr

Example:

Study Name Expanded in a 3 minute timeframe:

I3_ATR(10)_I3

This study calculates the Average True Range function.

The output indicators names are appended to the studyname, that is if the studyname is sn1 then the outputindicator is

sn1::atr

 

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