Average True Range
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I just realized that the ATR indicator actually gets the difference between the Hight and Low of each candle for the period specified for ATR. Then it does its average.
I cannot use this standard ATR in the EA I am trying to build. Instead I want an ATR which will do the "Open" and "Close" price of each candle instead of "High" and "Low"
Is there a way to accomplish this?
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have you tried to find with google atr which calculates as you need? you can than import it into my indicators of fxdreema and work with it ...
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didn't find the ATR I am looking for doing a google search.
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@yalgaar said in Average True Range:
didn't find the ATR I am looking for doing a google search.
There may be one at forex-tsd.com , but the website is closing in a couple of days.
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@yalgaar
Here are a few but there are many more to be found in that website.
https://www.forex-tsd.com/forum/debates-discussions/6655-atr
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why is tsd closing, you know more about?
Between trading and gambling is a very small gap, be careful.
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It used to be a paid fourm in the most sections of it but then a horrible website called mql5.com bought the website and made everything free for the users , then they decided to terminate forex-tsd.
Its sad to make it into a personal gain to close one of the best websites out there were people from all type of knowlage in forex get help with their ideas.
The coders that helped people at the end like Mladen and Mr tools are absolute angels in my eyes for beeing there for people in need 24/7 .
And if this website/program would not exitst that makes even a non coder like myself able to create everything in the wildest imagination and knowing that forex-tsd were going to end i would not have been able to fulfill my absolute dream of becoming a forex trader that could be able to live on my daily profit and help people that needs it.So im so glad that it lives on and ive been speaking to some of the mebers at forex tsd to join here after the closing of the website , because they are smart and every one of us sees everything from a different view , and if we speak and help each other we will become great in every single way that we want !
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that is crazy ... I saw mladen on FF active and was myself asked "why here again?" and now I see why ... I think they moved to steve forum because he also moved from ff to own place
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In /Indicators folder you can find ATR.mq4. If you know a liiitle bit coding or just by trial and error you can use that indicator to make your own that will use Close and Open prices. Just rename some "high" and "low" words in the code. But be careful, you can do something wrong.
