Support Board
Date/Time: Mon, 25 Nov 2024 01:58:53 +0000
Post From: Average True Range Indicator
| [2018-05-20 15:49:17] |
| Rassitude - Posts: 33 |
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In fact what I am trying to do is simply to have a % completed in termes of ATR for the current day. So if ATR or ADR is 100 and current Range is 70, 70% of ATR is achieved so far, which statistically means that there is a potential 30% still to go from current high/low. Nothing scientific here, just a rough guide based on stats for potential to go based on history.
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