APTR

Modified on 2015/10/01 09:03 by Eugene — Categorized as: TASCIndicators

Syntax

public APTR(Bars bars, int period, string description): base(bars, description)
public static APTR Series(Bars bars, int period)

Parameter Description

bars	The Bars object
period	WilderMA Period

Description

Average Percentage True Range (APTR) by Vitali Apirine from November 2015 issue issue of Technical Analysis of Stocks & Commodities magazine is a normalized ATR indicator similar to ATRP. Since ATR uses absolute price changes, its values are not comparable across different markets. Like ATRP, the APTR can be used to compare ATR values with other securities, helping identify which markets are more volatile relative to other markets.

Example

Please refer to TASC November 2015 issue, "Average Percentage True Range (Apirine)".