AVERAGE TRUE RANGE

NexusFi · 2016-01-08T08:39:07-05:00

ADR is the average daily range over the last N days. The indicator that you used calculates a simple moving average (SMA) of the daily range of the last 10 days and the last 20 days. ATR as shown on your daily chart is the average true range of the last 14 days. The average true range will differ from the average daily range for many reasons: (1) Data input: your daily data may be different (full or regular session data) when compared to intraday data. This would be particularly true if you use a false …

Discussion in NinjaTrader

Updated January 8, 2016

AVERAGE TRUE RANGE

January 8th, 2016, 07:38 AM	#21 (permalink)
kingst tampa Fl Usa Elite Member Experience: Intermediate Platform: NinjaTrader Trading: Oil Posts: 3 since Oct 2011 Thanks Given: 0 Thanks Received: 0	HELLO, Question. Where will I fine the indicator: Average True Range Trailing Stop Indicator for NinjaTrader. Thanks