Return value of the True Range indicator for the selected price. True Range is the maximum of three price ranges.
Syntax:
1 |
TR(price) |
Calculation :
True Range = MAX of ( High – Low or High – Price[1] or Price[1] – Low )
Return value of the True Range indicator for the selected price. True Range is the maximum of three price ranges.
Syntax:
1 |
TR(price) |
Calculation :
True Range = MAX of ( High – Low or High – Price[1] or Price[1] – Low )