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Al Taglavore writes:
> ATR(1) would simply be the true range for one day. I fail to see the value
> of taking an "n" day moving average of one day.
I think we have a disconnect.
ATR(1) = TR.
ATR(10) = the average of the last 10 ATR(1)'s. Essentially the same
as MOV(ATR(1), 10, S). I think that's what Bob was getting at.
That seems to be what you're using in your recent discussions, if I'm
not mistaken.
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