Average True Range ATR
Average True Range ATR
29 Jul 2014, 13:46
hey guys, i need your help, how can I add this on ctrader? a huge thank you ...
function Init()
indicator:name("ATR pips indicator");
indicator:description("ATR pips indicator");
indicator:requiredSource(core.Bar);
indicator:type(core.Indicator);
indicator.parameters:addGroup("Calculation");
indicator.parameters:addInteger("Period", "Period", "", 13);
indicator.parameters:addDouble("Multiplier", "Multiplier", "", 0.7);
indicator.parameters:addGroup("Style");
indicator.parameters:addColor("clr", "Color", "Color", core.rgb(255, 128, 0));
indicator.parameters:addInteger("FontSize", "Font size", "", 20);
indicator.parameters:addInteger("H_Shift", "Horizontal shift", "", 0);
indicator.parameters:addInteger("V_Shift", "Vertical shift", "", 50);
end
local first;
local source = nil;
local Period;
local Multiplier;
local ATR;
local font;
function Prepare()
source = instance.source;
Period=instance.parameters.Period;
Multiplier=instance.parameters.Multiplier;
ATR = core.indicators:create("ATR", source, Period);
first = source:first()+2;
local name = profile:id() .. "(" .. source:name() .. ", " .. instance.parameters.Period .. ", " .. instance.parameters.Multiplier .. ")";
instance:name(name);
font = core.host:execute("createFont", "Arial", instance.parameters.FontSize, true, false);
end
function Update(period, mode)
if (period==source:size()-1) then
ATR:update(mode);
local Text="" .. math.floor(Multiplier*100) .. "% of ATR (" .. Period .. "):" .. math.ceil(ATR.DATA[period]*Multiplier/source:pipSize()) .. " pips";
core.host:execute("drawLabel1", 1,instance.parameters.H_Shift, core.CR_RIGHT,instance.parameters.V_Shift, core.CR_TOP, core.H_Left, core.V_Center,
font, instance.parameters.clr, Text);
end
end
Spotware
05 Aug 2014, 12:48 ( Updated at: 21 Dec 2023, 09:20 )
Average True Range indicator is a standard indicator you can find it in Indicators menu:
@Spotware