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The distance from today's high to today's low.

The distance from yesterday's close to today's high.

The Average True Range is a moving average (typically 14-days) of the True 
Ranges. 
Of course, the MA of ATR appears to be themoving 
average of the moving average of the true range.
 
Cheers,
Richard
<A 
href="">www.AnalyticInvestor.com
<BLOCKQUOTE 
>
----- Original Message ----- 
<DIV 
>From: 
<A title=jhellisjr@xxxx 
href="">jhellisjr@xxxx 
To: <A title=amibroker@xxxxxxxxxx 
href="">amibroker@xxxxxxxxxxxxxxx 
Sent: Tuesday, December 04, 2001 6:48 
AM
Subject: [amibroker] Average True 
Range
Can anybody explain the difference 
between:ATR(10);andMA(ATR(1),10);I expected 
the same results but they are not 
equal.Thanks,JimYour 
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