For some reason I think the ATR is

*              The current high less the current low. 

*              The absolute value of: current high less the previous close. 

*              The absolute value of: current low less the previous close. 

Your formula seems to be wrong

 

Charles

 

 

  _____  

From: [email protected] [mailto:[EMAIL PROTECTED] On
Behalf Of EAdamy
Sent: Sunday, January 28, 2007 9:15 PM
To: [email protected]
Subject: [quotes-plus] True Range Function

 

Just finished doing True Range calculations in Excel which takes a very long
formula. Certainly would be nice to have a True Range function:
qp_TrueRange(day,symbol).

True Range is the greatest of the following:
Today's high - Today's low
Today's high - Yesterday's low.
Yesterday's close - Today's low

Earl

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