Tutorial 167 | Using a Price Series Provider to calculate the Average True Range | Part 1

3 years ago
6

Tutorial 167 is a TradeStation EasyLanguage tutorial that demonstrates how to calculate the Average True Range (ATR) using a Price Series Provider (PSP).

The technique could be used, for example, to calculate the ATR for a 9 minute interval span, but applied to a 5 minute chart.

In the second video I use syntax from _Tutorial 167 to create new program (_Tutorial167-RadarScreen). In this program three PSPs are used to calculate three ATRs each with a different bar intervals. Each interval length is controlled by a user input: IntSpan1, IntSpan2, and IntSpan3. This program is applied to Radarscreen.

See https://markplex.com/tutorial-167-using-a-price-series-provider-to-calculate-the-average-true-range/

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