OPEN-SOURCE SCRIPT
M&A True Range
M&A True Range (MedTR / eATR)
A volatility indicator featuring two calculation modes for asset price range: a stable MedTR (median-based) and a dynamic eATR (EMA-based). The median option effectively filters out market noise and anomalous price spikes, while the EMA option ensures a rapid response to sudden market shifts. A perfect tool for precise Stop Loss placement and position sizing.
A volatility indicator featuring two calculation modes for asset price range: a stable MedTR (median-based) and a dynamic eATR (EMA-based). The median option effectively filters out market noise and anomalous price spikes, while the EMA option ensures a rapid response to sudden market shifts. A perfect tool for precise Stop Loss placement and position sizing.
Open-source script
In true PulseWire spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by PulseWire. Read more in the Terms of Use.
Open-source script
In true PulseWire spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by PulseWire. Read more in the Terms of Use.