ATR Exponential Indicator

Name: ATR exponential
Download: ATR exponential.mq4 (2.4 Kb)

Description:

Exponential average true range reduces the lag by applying more weight to recent prices.

The weighting applied to the most recent price depends on the number of periods.

Calculation is exact the same as in Exponential Moving Average.


Source: Codebase.mql4.com

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