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RC-EQUITIES
Posted : Wednesday, February 27, 2019 9:15:40 AM
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Joined: 2/15/2012
Posts: 25

Can this be expressed in a formula?

5 bar % ATR < 21 bar % ATR 
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Bruce_L
Posted : Wednesday, February 27, 2019 9:26:54 AM


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

% ATR could be defined a variety of ways, but if we assume something like the following for a 14-period version.

100 * AVG(ATR1 / C1, 14)

Then the following would be the desired formula.

AVG(ATR1 / C1, 5) < AVG(ATR1 / C1, 21)


-Bruce
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RC-EQUITIES
Posted : Wednesday, February 27, 2019 11:02:48 AM
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Joined: 2/15/2012
Posts: 25

perfect, thankyou Bruce !
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Bruce_L
Posted : Wednesday, February 27, 2019 12:08:22 PM


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

You're welcome.


-Bruce
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