Average True Range Dashboard

Lorentzos Roussos 2021.02.24 17:41 #1

IMLrattansa2018:

Does anyone know of a display that shows the pip movement (in numbers) and the Average True Range for a forex pair? I'm trying to get preferably an app that shows the number of pips a pair has moved for the day, and display this as a percentage of its ATR

Thanks

So (in draft code) if :

A = Close of Today (so far) - Close of Yesterday
B = High of Today - Low of Today
C = High of Yesterday - Low of Yesterday

display A/B or A/C ? (in %)

Carl Schreiber 2021.02.24 17:47 #2

IMLrattansa2018:

Does anyone know of a display that shows the pip movement (in numbers) and the Average True Range for a forex pair? I'm trying to get preferably an app that shows the number of pips a pair has moved for the day, and display this as a percentage of its ATR

Thanks

I use:

#define ATR(hi,lo,prvCl)     (MathMax(hi,prvCl)-MathMin(lo,prvCl))
...
ATR(high[0],low[0],close[1])

using the idexing of mt4 with 0=actual and 1=prev.

William Roeder 2021.02.24 19:26 #3

Carl Schreiber: I use:

That's TR. ATR is an average of TR.