(like ATR but only an average of High-Low for x bars)
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Average Bar Range
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Berto,
Try searching the File Sharing section. If you do not find anything suitable, you can also try a 3rd party NinjaScript Consultant as a last resort: http://www.ninjatrader.com/webnew/pa...injaScript.htmJosh P.NinjaTrader Customer Service
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Here is something that I use to calculate the Average Range of a bar.
Notes: You can adjust average range by a multiplier. For instance, you could use 0.90 to plot 90% of the average range. Default setting is 1.0 or 100%. The plot is rounded to the nearest tick.Attached Files
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Hello Chris.nucleus,
Please see the User App Share:
Average Daily Range or Average Range Profit Target normalized to be bounded to oscillate between 0 and 100 percent of recent price variation. Based on the ATR indicator which was introduced by Welles Wilder in his book 'New Concepts in Technical Trading Systems' and has since been used as a component of many indicators and […]
The link above is publicly available.
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