Description
Average True Range Channels are calculated by adding and subtracting a weighted Average True Range to a Moving Average usually simple.
When the ATR is added it produces the Upper Band.
When subtracted the Lower Band.
In this case there are 3 sets of channels each with an upper and lower band.
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KA
kalex718
Joined on 27.07.2012
- Distribution: Free
- Language: C#
- Trading platform: cTrader Automate
- File name: AtrChannels.algo
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Comments
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who do I know what the atr value of each bar is.