OPEN-SOURCE SCRIPT

Minimum Average True Range

I use ATR a lot when designing trading strategies, this way the strategy adjusts to the instrument in most cases instead of me plugging in special numbers.

However, ATR itself could get spiked by some violent moves. For this I have created MinATR which I am publishing here.

It is effectively ATR + minimum ATR over the last "Min Length" bars. (this is a parameter which I have defaulted to 50).

So use this the same way you use ATR, but it will also show the min ATR over the last "Min Length" periods.

Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.