The system uses multiple average true range calculations that
can and off to each other at different times in the trend, it's all
in the FAQ, I'm not going to list all of them
I've said that the ATR is an exponential one, meaning the most
recent days have more of a weighted effect on the current reading,
so if a 14 length was used, the last 2 days have more of an effect
on the ATR than the previous ones - basically not all days are
equal weighted
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The system uses multiple average
I'm struggling to find the right entry point for KISS ...
Posted by matt on 12th of Mar 2024 at 02:56 pm
The system uses multiple average true range calculations that can and off to each other at different times in the trend, it's all in the FAQ, I'm not going to list all of them
I've said that the ATR is an exponential one, meaning the most recent days have more of a weighted effect on the current reading, so if a 14 length was used, the last 2 days have more of an effect on the ATR than the previous ones - basically not all days are equal weighted