Chart for .NET / User's Guide / Data Manipulation / Functions / Financial Functions / Technical Indicators / True Range

True Range
 Syntax
TR(close; high; low)
 Arguments
True Range is usually used with OHLC charts.
The three arguments are arrays:
- 'close' contains the close values
- 'high' contains the high values
- 'low' contains the low values.
 Result
The result is an array.
 Description
The True Range indicator is the greatest of the following:

- High for the day minus Low for the day.
- The absolute value of: High for the day minus Close for the previous day.
- The absolute value of: Low for the day minus Close for the previous day.
 Related Examples
Windows Forms: All Examples\Data Manipulation\Functions\Financial\Technical Price Indicators