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Description |
This formula calculates Wilder's True Range. |
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Formula |
TrueRange(instrument)=if(HighLowDiff(instrument) > HighPreviousCloseDiff(instrument), if(HighLowDiff(instrument) > CloseLowDiff(instrument), HighLowDiff(instrument), CloseLowDiff(instrument)), if(HighPreviousCloseDiff(instrument) > CloseLowDiff(instrument), HighPreviousCloseDiff(instrument), CloseLowDiff(instrument))) |
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Parameters |
instrument
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Return Value |
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Examples |
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Comments |
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