TheRumpledOne wrote:Leoheart wrote:
Tro_ATR_Lines indicator, Curious why we are multiplying atr values with .5 by default? IE OPEN + ATR(4)*0.50 (Its the IATRMULT setting).
A trader asked me to have that option. As you can see from today's video, price usually hits moves from open to at least open plus or minus ATR(n) *0.50.
Think about it!!
Ok, As for the ATR values correct me if I am wrong looks like your looping through 2-14 and the indicator is plotting random ATR values on the chart within the that range. IE On a pair I see ATR(3) ATR(7), and another I see ATR(4) ATR(14) etc.. trying to understand.