Stock Portfolio Organizer
The ultimate porfolio management solution.
#1 Selling Amibroker Plugin featuring:
True Range (TR) for Metastock
Welles Wilder described these calculations to determine the trading range for a stock or commodity. True Range is defined as the largest of the following:
- High for the period less the Low for the period.
- High for the period less the Close for the previous period.
- Close for the previous period and the Low for the current period.
Indicator / Formula
(H - L + Abs(H - Ref(C,-1)) + Abs(L - Ref(C,-1)) )/2
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