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5585

Rating:

(11)

Published:

2019.01.02 14:29

Updated:

2019.01.28 07:19

Wilder_ATR.mq5 (7.84 KB) view

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Wilder ATR is an average true range by J. Welles Wilder

It has two adjustable parameters:

Calculations:

Wilder ATR = MA(TR, Period, Method)

where:

TR (True Range) = Maximum(HL, HC, LC)
HL = High-Low
HC = Abs(High-PrevClose)
LC = Abs(Low-PrevClose)

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/23016

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