nardew / talipp

talipp - incremental technical analysis library for python
https://nardew.github.io/talipp
MIT License
367 stars 59 forks source link

Implement Intraday Range (IR) - absolute and relative #155

Open femtotrader opened 2 months ago

femtotrader commented 2 months ago

Hello,

These indicator (Intraday Range) is quite simple and is described in https://tradethatswing.com/which-is-better-average-true-range-atr-average-day-range-adr-or-intraday-range-ir/

It exists in 2 flavors :

It only takes current bar as input.

Maybe an implementation with a more general indicator should be implemented and pass a lambda function to create these kind of specific indicators.

Any opinion?

Kind regards