average range on bars

Discussion in 'Trading Software' started by nljones5, Jul 28, 2002.

  1. nljones5

    nljones5

    Is there a tech indicator that gives you an average range, such as the average for the 3 min, 15 min bar intraday for the emini? Is this something provided by some chart providers and not others?
     
  2. Pabst

    Pabst

    It's usually called ATR for Average True Range and is a feature on most any charting package.
     
  3. nljones5

    nljones5

    Thanks, Pabst, but I'm asking a different question. There are nine 10 minutes bars by 11 a.m. Is there any way to tell what the average range on those bars was?
     
  4. Pabst

    Pabst

    I think we 're talking about the same thing. Set up ATR function on a 10 minite chart and set parameters for 9. If you don't have that ability then merely whip out a calculater and add the ranges and then divide by 9.
     
  5. nljones5

    nljones5

    Thanks again. I think I can do that on quotetracker, which is what I'm using for now.