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ATR vs. MTATR — what is the difference?

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Csaba

Customer, bbp_participant, community, sq-ultimate, 110 replies.

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3 years ago #266961

Hello Traders

There are the ATR vs. MTATR — what is the difference? Do you know? Does one of them have more precise values than the other one?

Brg, Csaba

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tomas262

Administrator, sq-ultimate, 2 replies.

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3 years ago #266968

Hi,

the MTATR indicator is just the standard iATR indicator available in MetaTrader 4. It is no different formula

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Alex

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1 year ago #279137

MTATR and ATR are calculated using different moving averages of the true range. MTATR uses simple moving average, ATR uses recurring moving average.

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HighRoller

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1 year ago #281888

Does the same apply to

(MTKC) MT Keltner Channel

= MT4 specific KeltnerChannel ?

 

 

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tomas262

Administrator, sq-ultimate, 2 replies.

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1 year ago #281965

Hi,

there is a tiny difference between MT Keltner Channel and SQ Keltner. It can be seen on the screenshot attached

MT Keltner uses the average price based on the close price while the other Keltner uses average of the typical price (calculated by adding the high, low, and closing prices together, and then dividing by three)

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