Registered User Joined: 6/15/2015 Posts: 21
|
Hello Bruce,
can you please provide a formula for:
Stochastic 12.3 being between value 35 and 65
|
Registered User Joined: 6/15/2015 Posts: 21
|
also what is the standard formula for ATR, the one you have as a condition in tc2000
|
Administration
Joined: 9/30/2004 Posts: 9,187
|
STOC12.3 > 35 AND STOC12.3 < 65
We use the standard formula for Average True Range.
The true range indicator is the greatest of the following:
-current high less the current low.
-the absolute value of the current high less the previous close.
-the absolute value of the current low less the previous close.
The average true range is a moving average (generally 14-days) of the true ranges.
|