FTB-C000466 / Implementation concept

True Range Tie Priority

True Range Tie Priority is the deterministic order used to label a driver when multiple True Range candidates are equal.

Also known asTR component tie rule

Intermediate 1 linked topicPublished

Definitions

In plain terms

The numeric True Range is unchanged by a tie, but a stable priority keeps diagnostic labels reproducible.

Technical

The local contract prioritizes intrabar span, then high gap, then low gap after comparing unrounded component values.

Scope

This is an implementation policy rather than a universal requirement of the True Range formula.

Examples

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

Common misconceptions

  • This is an implementation policy rather than a universal requirement of the True Range formula.

Concept relationships

Prerequisites

Related

Where this concept is used

Evidence and governance

  1. 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