Login Page - Create Account

Support Board


Date/Time: Fri, 07 Feb 2025 13:10:35 +0000



Post From: Average value High-Low (Bar Difference) for the last 8 bars

[2020-05-28 13:16:32]
Sawtooth - Posts: 4173
(H8-L8)+(H7-L7)+(H6-L6)+(H5-L5)+(H4-L4)+(H3-L3)+(H2-L2)+(H-L)/8
The Average Daily Range study will do this.

More specifically, it does this when set to Length of 8:
((H[-7]-L[-7]) + (H[-6]-L[-6]) + (H[-5]-L[-5]) + (H[-4]-L[-4]) + (H[-3]-L[-3]) + (H[-2]-L[-2]) + (H[-1]-L[-1]) + (H-L))/8

Its name should more accurately be Average Bar Range.
Date Time Of Last Edit: 2020-05-28 13:19:55