Average Range / ATR (Framework Version)

Category: volatility

A configurable volatility indicator that calculates either the Average Range or Average True Range using multiple MA methods. Supports dynamic parameter stepping via hotkeys.

Formula

TR = max(High[i], Close[i+1]) - min(Low[i], Close[i+1]) OR Range = High[i] - Low[i]; Result = MA(Range, Periods) / pUnit

Inputs

• MA.Method (default: SMA | LWMA* | EMA | SMMA)
• MA.Periods (default: 20)
• MA.Periods.Step (default: 0)
• TrueRange (default: true)
• Line.Width (default: 2)
• Line.Color (default: Blue)

See signal primitives and every published strategy that uses Average Range / ATR (Framework Version) on WOBR StrategyVerse.