Definitions
In plain terms
Changing a row's high or low changes that row, while changing its close can also change the next row's gap components.
Technical
Under the one-previous-close formula, a correction at t has direct True Range effects no later than t+1, before downstream recursive indicators are considered.
Scope
ATR or other recursive consumers can carry the correction much further even though raw True Range cannot.
Examples
- A reviewer traces True Range Revision Horizon from aligned inputs through its first-ready row and edge cases before accepting a displayed value.
Common misconceptions
- ATR or other recursive consumers can carry the correction much further even though raw True Range cannot.
Concept relationships
Prerequisites
Related
Where this concept is used
Evidence and governance
- 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.
- Reviewed by
- fintech-builder-batch-009
- Last reviewed
- 2026-07-30
- Next review
- 2027-07-30
- Record status
- published