Supertrend Averages
Request from @pfxi for a Supertrend Averages with arrows, please let me know if other average types are required.
Changes made:
1.) True Range Calculation = max [(high − low), abs(high − previous close), abs(low – previous close)]
2.) Average True Range Calculation = first ATR value is the SMA(TR, n) then becomes [(Prior ATR x(n-1)) + Current TR]/n
Attachments forums
Re: No Nonsense Forex - Indicators
Centaur, Tue Feb 28, 2023 5:57 am