Median True Range Calculator
Paste daily open, high, low, close bars (one per line, as open,high,low,close, oldest
first) to get the median true range alongside the mean true range. The median is far less sensitive to
one or two outlier gap days than a simple average, so comparing the two tells you whether your average
range is being inflated by a handful of unusual days.
Use at least 10-20 consecutive daily bars. Oldest bar first, most recent last.
Educational tool only, not financial advice. True range accounts for gaps between the prior close and today's high/low, unlike a simple high-minus-low range. Always confirm with your own strategy and risk management rules.
Built by Jason Parker, founder of Trading Ranges.
Built by Jason Parker, founder of Trading Ranges.