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Re: [EquisMetaStock Group] Average True Range



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Does this help?

Roy

> LONG:=ATR(5)*0.6+C;
> SHORT:=C-(ATR(6)*0.6);
> LONG;SHORT;
>
> I have this indicator , for daily charts.
>
> I need the numbers that produces that indicator, to use them in
> intraday charts.
>
> Does anybody have any idea, how i can fix it?


  {Modified Daily ATR}
  {for use on intraday charts}
  {© 2004 Roy Larsen, rlarsen@xxxxxxxxxxxxxx}
N:=Input("Daily ATR for 5 and 6 Periods",6,6,6);
X:=1/N;
A:=Input("Hour of Last Daily Bar"  ,0,23,16);
B:=Input("Minute of Last Daily Bar",0,59,00);
Q:=Input("Display Mode,  0=Static  1=Dynamic  2=Test",0,2,2);
  {0=Display, update at last bar of day}
  {1=Display, update on each new bar}
  {2=Backtest, update on first bar of new day}
G:=LastValue(Highest(Sum(DayOfWeek()<>
   ValueWhen(2,1,DayOfWeek()),5))=5);
I:=DayOfMonth()<>ValueWhen(2,1,DayOfMonth());
M:=G OR I;
F:=G OR (Hour()=A AND Minute()=B);
A:=LastValue(Cum(1)-1)=Cum(1);
B:=LastValue(Cum(1))=Cum(1);
J:=If(F,1,If(Alert(F,2)=0 AND M,2,0));
J:=If(A+LastValue(J)>2 OR B+Q=2,1,(B=0)*J);
J:=If(G,1,If(Q=2 OR Cum(J)<=1,M*2,J));
Ho:=HighestSince(1,M,H);
Ho:=ValueWhen(1,J,If(J=1,Ho,ValueWhen(2-G,1,Ho)));
Lo:=LowestSince(1,M,L);
Lo:=ValueWhen(1,J,If(J=1,Lo,ValueWhen(2-G,1,Lo)));
K:=ValueWhen(1,J,If(J=1,C,ValueWhen(2-G,1,C)));
Ho:=ValueWhen(1,Ho>0,Ho); Hi:=ValueWhen(2,J,Ho);
Lo:=ValueWhen(1,Lo>0,Lo); Li:=ValueWhen(2,J,Lo);
K:=ValueWhen(1,K>0,K); Ci:=ValueWhen(2,J,K);
R:=Max(Max(Abs(Ci-Lo),Abs(Ci-Ho)),Ho-Lo);
A:=If(Cum(J>0)<N+1,Cum((J>0)*R)/N, ValueWhen(1,J,PREV)*(1-X)+R*X);
A:=If(ValueWhen(N+1,J,A)>0,A,A);
B:=If(Cum(J>0)<N,Cum((J>0)*R)/(N-1), ValueWhen(1,J,PREV)*(1-(1/(N-1)))+R*(1/(N-1)));
B:=If(ValueWhen(N,J,B)>0,B,B);
{A;} {ATR(6);}
{B;} {ATR(5);}
LONG:=(B*0.6)+K;
SHORT:=K-(A*0.6);
LONG;SHORT;




 
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