Expert Advisors • Indicators • Scripts • Libraries

MQL.RobotFX.org is the biggest collection of MetaTrader expert advisors (MT5 & MT4), indicators, scripts and libraries that can be used to improve trading results, minimize risks or simply automate trading tasks
Home Atr MetaTrader 5 Indicator Wilder MetaTrader 5 Indicator | Wilder_ATR

MetaTrader 5 Indicator | Wilder_ATR

10.7.25 0

Wilder ATR is an average true range by J. Welles Wilder

It has two adjustable parameters:

  • Period - calculation period
  • Method - the method of smoothing

Calculations:

Wilder ATR = MA(TR, Period, Method)

where:

TR (True Range) = Maximum(HL, HC, LC)
HL = High-Low
HC = Abs(High-PrevClose)
LC = Abs(Low-PrevClose)

MetaTrader Experts, Indicators, Scripts and Libraries

23016
Contact Author
Tags: , ,

Subscribe to: Post Comments (Atom)