Welcome Guest, please sign in to participate in a discussion. Search | Active Topics |

Average True Range Rate this Topic:
Previous Topic · Next Topic Watch this topic · Print this topic ·
ggloydsr
Posted : Thursday, November 1, 2007 10:43:26 AM
Registered User
Joined: 7/22/2005
Posts: 15
I would like to analyze stocks by the Average True Range. (ATR 5 &ATR 7).  Is that possible with TC 2000, and if so, can you tell me how?  Thanks.
Bruce_L
Posted : Thursday, November 1, 2007 10:57:08 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
You have indicated how you want to use Average True Range, but the Personal Criteria Formulas would be:

Wilder's Smoothed ATR5:

XAVGH9 - XAVGL9 + .200198266760174 * ((H < C1) * (H - C1) + (C1 < L) * (C1 - L) + .8 * ((H1 < C2) * (H1 - C2) + (C2 < L1) * (C2 - L1) + .8 * ((H2 < C3) * (H2 - C3) + (C3 < L2) * (C3 - L2) + .8 * ((H3 < C4) * (H3 - C4) + (C4 < L3) * (C4 - L3) + .8 * ((H4 < C5) * (H4 - C5) + (C5 < L4) * (C5 - L4) + .8 * ((H5 < C6) * (H5 - C6) + (C6 < L5) * (C6 - L5) + .8 * ((H6 < C7) * (H6 - C7) + (C7 < L6) * (C7 - L6) + .8 * ((H7 < C8) * (H7 - C8) + (C8 < L7) * (C8 - L7) + .8 * ((H8 < C9) * (H8 - C9) + (C9 < L8) * (C9 - L8) + .8 * ((H9 < C10) * (H9 - C10) + (C10 < L9) * (C10 - L9) + .8 * ((H10 < C11) * (H10 - C11) + (C11 < L10) * (C11 - L10) + .8 * ((H11 < C12) * (H11 - C12) + (C12 < L11) * (C12 - L11) + .8 * ((H12 < C13) * (H12 - C13) + (C13 < L12) * (C13 - L12) + .8 * ((H13 < C14) * (H13 - C14) + (C14 < L13) * (C14 - L13) + .8 * ((H14 < C15) * (H14 - C15) + (C15 < L14) * (C15 - L14) + .8 * ((H15 < C16) * (H15 - C16) + (C16 < L15) * (C16 - L15) + .8 * ((H16 < C17) * (H16 - C17) + (C17 < L16) * (C17 - L16) + .8 * ((H17 < C18) * (H17 - C18) + (C18 < L17) * (C18 - L17) + .8 * ((H18 < C19) * (H18 - C19) + (C19 < L18) * (C19 - L18) + .8 * ((H19 < C20) * (H19 - C20) + (C20 < L19) * (C20 - L19) + .8 * ((H20 < C21) * (H20 - C21) + (C21 < L20) * (C21 - L20) + .8 * ((H21 < C22) * (H21 - C22) + (C22 < L21) * (C22 - L21) + .8 * ((H22 < C23) * (H22 - C23) + (C23 < L22) * (C23 - L22) + .8 * ((H23 < C24) * (H23 - C24) + (C24 < L23) * (C24 - L23) + .8 * ((H24 < C25) * (H24 - C25) + (C25 < L24) * (C25 - L24) + .8 * ((H25 < C26) * (H25 - C26) + (C26 < L25) * (C26 - L25) + .8 * ((H26 < C27) * (H26 - C27) + (C27 < L26) * (C27 - L26) + .8 * ((H27 < C28) * (H27 - C28) + (C28 < L27) * (C28 - L27) + .8 * ((H28 < C29) * (H28 - C29) + (C29 < L28) * (C29 - L28) + .8 * ((H29 < C30) * (H29 - C30) + (C30 < L29) * (C30 - L29) + .8 * ((H30 < C31) * (H30 - C31) + (C31 < L30) * (C31 - L30))))))))))))))))))))))))))))))))

Wilder's Smoothed ATR7:

XAVGH13 - XAVGL13 + .142996048056393 * ((H < C1) * (H - C1) + (C1 < L) * (C1 - L) + 6 / 7 * ((H1 < C2) * (H1 - C2) + (C2 < L1) * (C2 - L1) + 6 / 7 * ((H2 < C3) * (H2 - C3) + (C3 < L2) * (C3 - L2) + 6 / 7 * ((H3 < C4) * (H3 - C4) + (C4 < L3) * (C4 - L3) + 6 / 7 * ((H4 < C5) * (H4 - C5) + (C5 < L4) * (C5 - L4) + 6 / 7 * ((H5 < C6) * (H5 - C6) + (C6 < L5) * (C6 - L5) + 6 / 7 * ((H6 < C7) * (H6 - C7) + (C7 < L6) * (C7 - L6) + 6 / 7 * ((H7 < C8) * (H7 - C8) + (C8 < L7) * (C8 - L7) + 6 / 7 * ((H8 < C9) * (H8 - C9) + (C9 < L8) * (C9 - L8) + 6 / 7 * ((H9 < C10) * (H9 - C10) + (C10 < L9) * (C10 - L9) + 6 / 7 * ((H10 < C11) * (H10 - C11) + (C11 < L10) * (C11 - L10) + 6 / 7 * ((H11 < C12) * (H11 - C12) + (C12 < L11) * (C12 - L11) + 6 / 7 * ((H12 < C13) * (H12 - C13) + (C13 < L12) * (C13 - L12) + 6 / 7 * ((H13 < C14) * (H13 - C14) + (C14 < L13) * (C14 - L13) + 6 / 7 * ((H14 < C15) * (H14 - C15) + (C15 < L14) * (C15 - L14) + 6 / 7 * ((H15 < C16) * (H15 - C16) + (C16 < L15) * (C16 - L15) + 6 / 7 * ((H16 < C17) * (H16 - C17) + (C17 < L16) * (C17 - L16) + 6 / 7 * ((H17 < C18) * (H17 - C18) + (C18 < L17) * (C18 - L17) + 6 / 7 * ((H18 < C19) * (H18 - C19) + (C19 < L18) * (C19 - L18) + 6 / 7 * ((H19 < C20) * (H19 - C20) + (C20 < L19) * (C20 - L19) + 6 / 7 * ((H20 < C21) * (H20 - C21) + (C21 < L20) * (C21 - L20) + 6 / 7 * ((H21 < C22) * (H21 - C22) + (C22 < L21) * (C22 - L21) + 6 / 7 * ((H22 < C23) * (H22 - C23) + (C23 < L22) * (C23 - L22) + 6 / 7 * ((H23 < C24) * (H23 - C24) + (C24 < L23) * (C24 - L23) + 6 / 7 * ((H24 < C25) * (H24 - C25) + (C25 < L24) * (C25 - L24) + 6 / 7 * ((H25 < C26) * (H25 - C26) + (C26 < L25) * (C26 - L25) + 6 / 7 * ((H26 < C27) * (H26 - C27) + (C27 < L26) * (C27 - L26) + 6 / 7 * ((H27 < C28) * (H27 - C28) + (C28 < L27) * (C28 - L27) + 6 / 7 * ((H28 < C29) * (H28 - C29) + (C29 < L28) * (C29 - L28) + 6 / 7 * ((H29 < C30) * (H29 - C30) + (C30 < L29) * (C30 - L29) + 6 / 7 * ((H30 < C31) * (H30 - C31) + (C31 < L30) * (C31 - L30) + 6 / 7 * ((H31 < C32) * (H31 - C32) + (C32 < L31) * (C32 - L31) + 6 / 7 * ((H32 < C33) * (H32 - C33) + (C33 < L32) * (C33 - L32) + 6 / 7 * ((H33 < C34) * (H33 - C34) + (C34 < L33) * (C34 - L33) + 6 / 7 * ((H34 < C35) * (H34 - C35) + (C35 < L34) * (C35 - L34) + 6 / 7 * ((H35 < C36) * (H35 - C36) + (C36 < L35) * (C36 - L35) + 6 / 7 * ((H36 < C37) * (H36 - C37) + (C37 < L36) * (C37 - L36) + 6 / 7 * ((H37 < C38) * (H37 - C38) + (C38 < L37) * (C38 - L37) + 6 / 7 * ((H38 < C39) * (H38 - C39) + (C39 < L38) * (C39 - L38) + 6 / 7 * ((H39 < C40) * (H39 - C40) + (C40 < L39) * (C40 - L39) + 6 / 7 * ((H40 < C41) * (H40 - C41) + (C41 < L40) * (C41 - L40) + 6 / 7 * ((H41 < C42) * (H41 - C42) + (C42 < L41) * (C42 - L41) + 6 / 7 * ((H42 < C43) * (H42 - C43) + (C43 < L42) * (C43 - L42) + 6 / 7 * ((H43 < C44) * (H43 - C44) + (C44 < L43) * (C44 - L43) + 6 / 7 * ((H44 < C45) * (H44 - C45) + (C45 < L44) * (C45 - L44))))))))))))))))))))))))))))))))))))))))))))))

You may wish to review the following:

Please provide a description and PCF for calculating an ATR value to be used as a stop loss value

-Bruce
Personal Criteria Formulas
TC2000 Support Articles
Users browsing this topic
Guest-1

Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.