ATR
|
Indicators |
| SYNTAX | atr( period ) |
| RETURNS | ARRAY |
| FUNCTION | Calculates Average True Range indicator |
| EXAMPLE | atr(7) |
| SEE ALSO |
| Bob Jagow bjagow [at] charterr.net 2003-02-06 23:37:50 | For other MAs, use ATR(1) to get the True Range. E.g., MA(ATR(1),period), WMA(ATR(1),period), etc. |
| Tomasz Janeczko tj --at-- amibroker.com 2005-02-03 06:46:39 | Note that original formulation of ATR (the one that AmiBroker implements) uses WILDERS smoothing (not simple moving average) For more details check this page: http://stockcharts.com/education/IndicatorAnalysis/indic_ATR.html |
The ATR function is used in the following formulas in AFL on-line library:
See updated/extended version on-line.