OmniVest Forum : General Discussion Topics : Deleting Thread Using Stops With RTMs

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Jim Dean

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Joined: 10/11/2012
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Subject : RE: Using Stops With RTMs
Posted : 9/1/2017 11:16 AM
Post #36874 - In reply to #36873

ATR can be reasonably approximated with about 10-20 bars of prior data, using a simple average ... no need for pure wilders calc

simplest TR formula = max(High,C1) - min(Low,C1)
... and of course you know how to do averaging :~)

[Edited by Jim Dean on 9/1/2017 11:18 AM]

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