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nabanco98
Posted : Wednesday, November 25, 2015 2:48:27 PM
Registered User
Joined: 10/25/2008
Posts: 218

Hi,

Could you show me how to write the below custom % true formulas?  Thank you

 

1.  Is the distance from c1 to today's high greater than yesterday's 14 day ATR.

 

2.  Is the distance from c1 to today's close greater than yesterday's 14 day ATR.

 

 

 

 

 

Bruce_L
Posted : Wednesday, November 25, 2015 3:15:46 PM


Worden Trainer

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

QUOTE (nabanco98)
Is the distance from c1 to today's high greater than yesterday's 14 day ATR.

ABS(C1 - H) > (AVGH14.1 - AVGL14.1) / 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) + ABS(H11 - C12) + ABS(C12 - L11) + ABS(H12 - C13) + ABS(C13 - L12) + ABS(H13 - C14) + ABS(C14 - L13) + ABS(H14 - C15) + ABS(C15 - L14)) / 28

QUOTE (nabanco98)
Is the distance from c1 to today's close greater than yesterday's 14 day ATR.

ABS(C1 - C) > (AVGH14.1 - AVGL14.1) / 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) + ABS(H11 - C12) + ABS(C12 - L11) + ABS(H12 - C13) + ABS(C13 - L12) + ABS(H13 - C14) + ABS(C14 - L13) + ABS(H14 - C15) + ABS(C15 - L14)) / 28

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



-Bruce
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