Hello!
I am wanting to know if this is possible and if so would someone be able show me how. I have very limited thinkscript experience.
I want to calculate the 14 day Average True Range.
Plot the opening print for the day as a horizontal line (on the daily timeframe candle value, not the 0930 value)
In increments of 0.125 up to 2.0 plot horizontal lines based on ATR values (positive and negative)
ATR line values are calculated by going open value + (atr value * 0.125)
Thanks!
I am wanting to know if this is possible and if so would someone be able show me how. I have very limited thinkscript experience.
I want to calculate the 14 day Average True Range.
Plot the opening print for the day as a horizontal line (on the daily timeframe candle value, not the 0930 value)
In increments of 0.125 up to 2.0 plot horizontal lines based on ATR values (positive and negative)
ATR line values are calculated by going open value + (atr value * 0.125)
Thanks!