I've been studying with the ATR set to 1, would this give the same effect as Daily True Range? Only one I could find to setup similar to my volume bars was investing.com, my others didn't have many variables in settings here.
Is it reasonable to say that -
High Volume / Low True Range = Resistance or Effort no reward
Low Volume / High True Range = Ease of movement or Reward exceeds effort
Just focusing on these as they'd be the unusual 'out of sync' moments to take note of, I noticed True Range picks up Shortening of Thrust quite well also, I'll post up some workings over the weekend, great study, just used IPH that we discussed earlier.
Cheers
