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I am looking for the code for J. Welles Wilders ATR Bands. He uses an ATR time period of 21 days. The bands are calculated by adding/subtracting a multiple of (3x ATR) to the daily CLOSING price. TOS has STARCBands and I have the STARCBands set with an ATR length of 21, sma length 1, displacement 1, and multiplier factor of 3. Would this give the same results as J. Wilders ATR bands settings? Thanks for your help.
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If you have an authoritative source that describes how the Wilders ATR Bands are calculated I can make a better determination. From the one source I did find, they give a formula that differs from the STARCBands on the Thinkorswim platform. This source also described the Wilders ATR Bands as a trailing stop loss indicator. The description I see for the STARCBands indicates it is for an entirely different purpose. If you can provide more information we can dig a bit deeper. Marked as spam
 Posted by Pete Hahn (Questions: 37, Answers: 4087) Answered on June 17, 2017 1:37 pm
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