True Range (TR)

Measures the greatest of: current high minus current low, absolute value of current high minus previous close, or absolute value of current low minus previous close. Low values indicate a sideways trend with little volatility.

Live Demo

Pick a market regime to see how TR(1) reacts:

Usage

import {TR} from 'trading-signals';
 
// TR yields results once 1 input has been added
const tr = new TR();