True Range
The greatest of: current high minus low, |high − previous close|, or |low − previous close|. Measures single-period volatility.
True Range
Definition
The greatest of: current high minus low, |high − previous close|, or |low − previous close|. Measures single-period volatility.
Parameters
Asset
Output range: >= 0
Example
`True Range(SPY) > 5` (Large intraday range)
Full indicator reference