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Brendab180
Posted : Thursday, August 31, 2017 9:50:50 PM
Registered User
Joined: 3/30/2015
Posts: 10

Hi I am looking at making a scan for ATR's that have surged or acted out of character for a stock.  I have a formula I found on line somewhere but it does not return anything and I think it should.  Anyway thanks for the help. 

 

 

Brendab180
Posted : Thursday, August 31, 2017 9:54:17 PM
Registered User
Joined: 3/30/2015
Posts: 10
((H – L + ABS(H – C1) + ABS(C1 – L)) / 2)*.50 >(AVGH10.1 – AVGL10.1) / 2 +(ABS(H1 – C2) + ABS(C2 – L1) +ABS(H2 – C3) + ABS(C3 – L2) +ABS(H3 – C4) + ABS(C4 – L3) +ABS(H4 – C5) + ABS(C5 – L4) +ABS(H5 – C6) + ABS(C6 – L5) +ABS(H6 – C7) + ABS(C7 – L6) +ABS(H7 – C8) + ABS(C8 – L7) +ABS(H8 – C9) + ABS(C9 – L8) +ABS(H9 – C10) + ABS(C10 – L9) +ABS(H10 – C11) + ABS(C11 – L10)) / 20
bcochrane
Posted : Friday, September 1, 2017 7:44:10 AM
Registered User
Joined: 9/17/2010
Posts: 484

You can use ATR in a PCF

http://forums.worden.com/default.aspx?g=posts&t=66516

so a jump of 25% in one day (for example) in the ATR can be written as ATR14>1.25*ATR14.1

Hope that helps

Bruce_L
Posted : Friday, September 1, 2017 9:48:50 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

The format mentioned by bcochrane is going to be much better in TC2000 v17 than what you have.

I think your formula as written would be shortened to the following.

ATR1 / 2 > ATR10

Average True Range



-Bruce
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