ER-Adaptive ATR [Loxx]

Average True Range (ATR) is widely used indicator in many occasions for technical analysis. It is calculated as the RMA of true range. This version adds a "twist": it uses Perry Kaufman's Efficiency Ratio to calculate adaptive true range

You can use this indicator the same way you'd use the standard ATR.

הערות שחרור:

Added regular ATR for comparison.