In This Topic
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
