FTB-C000465 / Implementation concept

True Range Driver

True Range Driver identifies which eligible component produced the bar's True Range value.

Also known asTR winning component

Definitions

In plain terms

It explains whether the intrabar span, the high gap, or the low gap was largest.

Technical

A reproducible driver requires the same three full-precision candidates and an explicit deterministic policy for exact ties.

Scope

The driver is diagnostic metadata and does not provide a bullish or bearish forecast.

Examples

  • A reviewer traces True Range Driver from aligned inputs through its first-ready row and edge cases before accepting a displayed value.

Common misconceptions

  • The driver is diagnostic metadata and does not provide a bullish or bearish forecast.

Concept relationships

Where this concept is used

Evidence and governance

  1. True Range TA-Lib · first party technical publication

    Supports: preferred label, short definition, technical definition

    Limits: TA-Lib leaves the first row unavailable; the local D07 contract explicitly uses a high-low fallback.

  2. TA-Lib True Range Reference Implementation TA-Lib · first party technical publication

    Supports: preferred label, short definition, technical definition

    Limits: Library control flow does not prescribe the local diagnostic driver label or its author-defined tie priority.

Reviewed by
fintech-builder-batch-009
Last reviewed
2026-07-30
Next review
2027-07-30
Record status
published