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Re: No Nonsense Forex - Indicators

Centaur, Tue Feb 28, 2023 5:57 am

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
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