ATR: Average True Range

In avfintools: Financial Analysis Tools Using Data from 'Alpha Vantager'

Average True Range

Description

Returns the average true range as well as the relative price based on the ATR as a reference

Usage

ATR(df, period, current = FALSE, mrprice = NULL, hideprints = TRUE)

Arguments

df	Dataframe with price data.
period	Calculation period in day for the true range
current	If one wants to input the latest price point before data update
mrprice	Most recent price;
hideprints	if TRUE hides the print outs regarding the percentile within an ATR

Value

Returns a vector of ATR calculations in dataframe format. If current = TRUE, returns the most recent ATR as well as where price is in the context of the ATR

Examples

ATR(SPY15, 14)
ATR(SPY15, 14, current = TRUE, mrprice = tail(SPYdaily$close, 1) + 2)

avfintools documentation built on Oct. 6, 2022, 5:14 p.m.