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Published:

2018.12.18 19:17

APTR.mq5 (8.4 KB) view

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Average Percentage True Range indicator was described in Stock&Commodities (November 2015).

It has one configurable parameter:

Period - calculation period

Calculation:

APTR = 100.0 * SMA(PTR, Period)

where:

PTR = Max(s1,s2,s3)
s1 = 2.0 * (High-Low) / (High+Low)
s2 = 2.0 * (High-PrevClose) / (High+PrevClose)
s3 = 2.0 * (Low-PrevClose) / (3.0*Low-Prevlose)

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/22494

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