Re: [amibroker] Average True Range

["Tomasz Janeczko" <amibroker@xxxx>]

Hello,
 
Again - ATR uses Wilders averaging, see the 
following example:

Graph0 = <FONT color=#0000ff face="Courier New" 
size=1>ATR(<FONT 
color=#ff00ff face="Courier New" size=1>10<FONT color=#000000 
face="Courier New" size=1>);<FONT color=#008000 face="Courier New" 
size=1><FONT 
color=#000000 size=1>
Graph2 = Wilders<FONT 
color=#000000 size=1>( ATR<FONT 
color=#000000 size=1>(1<FONT 
color=#000000 size=1>), 10<FONT 
color=#000000 size=1> );
Best regards,
Tomasz 
Janeczko
<BLOCKQUOTE 
>
----- Original Message ----- 
<DIV 
>From: 
Richard 
Alford 
To: <A 
href="" 
title=amibroker@xxxxxxxxxxxxxxx>amibroker@xxxxxxxxxxxxxxx 
Sent: Tuesday, December 04, 2001 2:35 
PM
Subject: Re: [amibroker] Average True 
Range

Last was response was a little too quick- 
sorry!  It seems like they should give the same result to me 
also.
 
I just found Indicator Builder and entered:  


Graph0 = ATR<FONT 
size=1>(10<FONT 
size=1>);
file://Graph1 = ATR(1);<FONT 
size=1>
Graph1 = EMA<FONT 
size=1>(ATR(<FONT 
color=#ff00ff size=1>1),<FONT color=#ff00ff 
size=1>10);
Graph2 = MA<FONT 
size=1>(ATR(<FONT 
color=#ff00ff size=1>1),<FONT color=#ff00ff 
size=1>10);
Not too elegant but interesting, the EMA was simply 
a test.   
Cheers,
 
Richard
 
<A 
href="">www.AnalyticInvestor.com
 
<BLOCKQUOTE 
>
----- Original Message ----- 
<DIV 
>From: 
<A href="" 
title=jhellisjr@xxxx>jhellisjr@xxxx 
To: <A 
href="" 
title=amibroker@xxxxxxxxxxxxxxx>amibroker@xxxxxxxxxxxxxxx 
Sent: Tuesday, December 04, 20016:48 
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 use of Yahoo! 
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