Calculation of Average True Range (Wilder)

hiya,

who knows how to calculate the basic increment of ATR in dollars (or average true range) ??

thx

Hello,

Can someone code an ATR indicator with actual Wilder's smoothing instead of the SMA?
Or even better an ATR indicator that gives the user the choice of smoothing method (Simple, Exponential, Jurik, Wilder) in a drop down menu (on top of still being able to choose the number of periods)

I have been using MetaStock which calculates the ATR using Wilder's original recipe. It's sensitive to sudden and progressive vol increase/decrease while the ATR on MT4 (which I believe uses SMA) is just too slow for my liking