Login Page - Create Account

Support Board


Date/Time: Thu, 27 Feb 2025 12:49:23 +0000



Post From: Omit gaps from True Range

[2021-06-29 14:04:14]
Alex C Demosthenes - Posts: 50
Hi - I have the True Range study (with Avg. True Range) on my charts and whenever the market gaps up overnight, I am getting a huge True Range bar representing the overnight move.

I am wondering if there is a way to use True Range to only account for the bar sizes (High minus Low), but without including the gaps. I believe this skews my ATR rolling data. I have attached a pic to show what the gap looks like on my TR study.
imageSC TR.PNG / V - Attached On 2021-06-29 14:03:24 UTC - Size: 21.23 KB - 166 views