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RAJTHAKKER023
19 aug 2022 07:41

KTP ATR , TR and DATR by Mitraj Thakkar 

Beskrivning

This indicator provides values of ATR, TR and DATR values side by side which makes it easy for user to compare it for current
candle and takes decision. It is not a complete system for trading but it aids in taking decision for entry and exit. for eg. ema crossover is formed for entry, we can take entry 5% of datr above pattern and keep stop loss 10% datr below pattern.
ATR stands for Average true range of last 14 candles.
TR stands for true range of each candle.
DATR stands for Daily Average True Range.
Mer