Knowledgebase:
AverageTrueRange
Posted by Mohammad Rahhal, Last modified by Rawan Al Hourani on 15 June 2016 12:58 PM

Syntax

Public Function AverageTrueRange(chart_ID As Long) As String

The Average True Range (Wilder) function measures market volatility. High average true range values may signal market bottoms, and low average true range values may signal neutral markets.

Parameters

Key Description 
chart_ID Chart identifier, 0 is the current chart ,value of type Long

Return value

Returns the handles of a technical indicator, in case of failure returns an empty string.

Sample

Public Sub main()

AlertMessage (AverageTrueRange(0)) 'Draws the indicator on chart and shows an Alert Message with the indicator name.

End Sub


See Also


Back to VTL Client Script Index

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