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Indicators

ATR exponential - indicator for MetaTrader 4

Matus German
Views:
21925
Rating:
(2)
Published:
2011.09.30 14:31
Updated:
2014.04.21 14:55
Download as ZIP, How to download code from MetaEditor
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Description:

Exponential average true range reduces the lag by applying more weight to recent prices.

The weighting applied to the most recent price depends on the number of periods.

Calculation is exact the same as in Exponential Moving Average.

Image:


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