Functions

talib.atr()

Average true range over `length` bars. Read it as a measure of how far the market has been travelling, not as a price level. There is no `source` argument. The reading is built from the chart's own bars.

Syntax

                talib.atr(series int length) → series float

Arguments

length required series int Length (number of bars back).

Return Type

series float

Example


          //@lipi=2
indicator("ATR Indicator", overlay=false)
// Define ATR length
atrLength = input(14, title="ATR Length")
// Calculate ATR
atrValue = talib.atr(atrLength)
// Plot ATR
plot(atrValue, color=color.blue, title="ATR", linewidth=2)