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Dear trader !
I like to build a modified version of atr(), but before this, I want to be
sure that I have the correct formula for average true range. The following
code:
graphXspace = 2; barNb = 14;Cy= ref(C,
-1); // Close of yesterdaytr = max(H-L, max( abs(Cy-L), abs(Cy-H) ));//
True Rangegraph0 = atr(barNb); graph1 = ma(tr, barNb);
show AmiBroker atr() in graph0 and a AFL recalculation in graph1 !. The 2
graph doesn't superimpose, can someone tell me if my formula is wrong ? or there
is a problem with the AFL atr() function ?
Thanks for any help !
Jon
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