Nevron .NET Vision

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True Range

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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.

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.

- 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