Friday, August 28, 2015

Multi time frame (MTF) ATR for thinkorswim TOS

Average true range (ATR) is a technical analysis volatility indicator originally developed by J. Welles Wilder, Jr. for commodities.  The indicator does not provide an indication of price trend, simply the degree of price volatility. The average true range is an N-day smoothed moving average (SMMA) of the true range values. Wilder recommended a 14-period smoothing.


With this MTF version ATR, you can apply any time frame of ATR to your current chart.
You can have ATR for 15 or 60 minute on your 5 minutes chart, or having weekly ATR on Daily chart.
As long as the secondary time frame is greater than the primary time frame.

Get Now: http://www.patternsmart.com/cart/index.php?route=product/product&path=73&product_id=296

All time frames:


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