ATR vs. MTATR — what is the difference?
4 replies
Csaba
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
tomas262
3 years ago #266968
Hi,
the MTATR indicator is just the standard iATR indicator available in MetaTrader 4. It is no different formula
Alex
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.
HighRoller
1 year ago #281888
tomas262
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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