Monday, December 30, 2019

VAAtrForVSA

VAAtrForVSA


Modified indicator Average True Range (ATR). Indicator modified for traders to trade using VSA method (Volume spread analysis). Indicator displays a range of a predetermined number of bars (maximum minus minimum), as well as ATR average value for a predetermined period. Indicator bar demonstrates extreme range value exceeding the average over a given period.


Options:


  • ATR Period - It affects how many bars are involved in calculating the range of the bar (recommended to set 1). The calculated value of the indicator is displayed as a histogram.
  • Average Period - the period for calculating the average value of the ATR.

VAAtrForVSA

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