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Re: Moving Average from an indicator



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<DIV><FONT size=2>or in a custom formula change the OHLC price to that value you 
wish it to count on.</FONT></DIV>
<DIV><FONT size=2></FONT>&nbsp;</DIV>
<DIV><FONT size=2>For example:</FONT></DIV>
<DIV><FONT size=2>ATR(1);</DIV></FONT>
<DIV><FONT size=2>Mov(ATR,12,S)</FONT></DIV>
<DIV><FONT size=2>will plot both the ATR based on an&nbsp;one-day C and the SMA 
based on a 12-day ATR,</FONT></DIV>
<DIV><FONT size=2>all in the one(1) Inner Window.</FONT></DIV>
<DIV><FONT size=2></FONT>&nbsp;</DIV>
<DIV><FONT size=2>You can also opt to create a customised ATR (see below) 
</FONT><FONT size=2>and alter the underlay(s).</FONT></DIV>
<DIV><FONT size=2></FONT>&nbsp;</DIV>
<DIV>Regards,<BR>Ton Maas<BR><A 
href="mailto:ms-irb@xxxxxxxxxxxxxxxx";>ms-irb@xxxxxxxxxxxxxxxx</A><BR>Dismiss the 
".nospam" bit (including the dot) when replying.<BR>Homepage&nbsp; <A 
href="http://home.planet.nl/~anthmaas";>http://home.planet.nl/~anthmaas</A></DIV>
<DIV>&nbsp;</DIV>
<DIV>Below is from a previous mailing a few years 
ago.............<BR><BR>=======================================================<BR>Average 
True Range - Welles Wilder (for MetaStock 
v6.5)<BR>-------------------------------------------------------<BR>Written by 
Ton Maas-981225-Amsterdam-the 
Netherlands<BR>-------------------------------------------------------<BR><BR>The 
True range is the greatest of the following differences:<BR><BR>a) Today's high 
to today's low<BR>b) Today's high to yesterday's close<BR>c) Today's low to 
yesterday's close<BR><BR>The range is normally the "high - low". However, any 
time<BR>the value of yesterday's close is not within the range of<BR>today's 
bar, rule b) or rule c) applies.<BR><BR>As with most other indicators, the 
periodic value is summed<BR>and smoothed to create the final 
indicator.<BR><BR>The Average True range is a 1-day Moving Average of the True 
range.<BR><BR>In Metastock(v6.5):<BR>-Open the Indicator Builder<BR>-Press 
New<BR>-This will open the IB's Editor and display a new blanc formula 
layout<BR>-In the "Name"-field type(or Copy+Paste) the name below<BR>-In the 
"Formula"-field type(or Copy+Paste) the formula below<BR><BR>Note:<BR>The ATR 
indicator is standard build-in MetaStock(v6.x) and can be used<BR>by typing 
ATR("periods") as its Syntax in the Formula field.<BR><BR>Example: ATR(20) (=a 
20-day True range average)<BR>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 
Mov(ATR(1),20,S) (=a 20-day Moving Average of True range average)<BR><BR>The 
pre-defined ATR-indicator is prefered over the below printed formula,<BR>as this 
will require the needed calculation time.<BR><BR>Name:<BR>Average True Range - 
Welles 
Wilder<BR><BR>Formula:<BR>TR1:=Abs(H-L);<BR>TR2:=Abs(Ref(C,-1)-H);<BR>TR3:=Abs(Ref(C,-1)-L);<BR>MX1:=Max(TR1,TR2);<BR>MX2:=Max(TR1,TR3);<BR>MX3:=Max(TR2,TR3);<BR>MXTRS:=If(MX1&gt;MX2,<BR>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 
If(MX1&gt;MX3,MX1,<BR>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 
If(MX2&gt;MX3,MX2,MX3)),MX2);<BR>WATR:=Mov(MXTRS,1,S);<BR>WATR<BR><BR>=======================================================<BR>Wilder's 
Volatility&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 
{ from www.equis.com }<BR><BR><BR>rev. 
01/06/97<BR><BR>In his book New Concepts in Technical Trading Systems, J. Welles 
Wilder Jr.<BR>talks about volatility and describes his Volatility Index and 
Volatility<BR>System. Both of these can be performed in MetaStockT for Windows 
version<BR>6.0. This document describes how to construct both the index and 
the<BR>system.<BR><BR>The Volatility Index (VI) is described by Wilder 
as:<BR><BR>VI Today = (13 * VI Prev + TR1) / 14 *where TR1 is today's true 
range.<BR><BR>He defines the true range as the greatest of the 
following:<BR><BR>&nbsp; 1. The distance from today's high to today's 
low<BR>&nbsp; 2. The distance from yesterday's close to today's high, 
or<BR>&nbsp; 3. The distance from yesterday's close to today's low.<BR><BR>In 
MetaStock version 6.0 or higher you would use the Prev function and a<BR>one 
period Average True Range to construct the Volatility Index. The 
custom<BR>formula is written as:<BR><BR>VI Today = (13 * Prev + ATR(1)) / 
14<BR><BR>=======================================================</DIV>
<BLOCKQUOTE dir=ltr 
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
  <DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
  <DIV 
  style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B> 
  Gerard Heuby </DIV>
  <DIV style="FONT: 10pt arial"><B>To:</B> <A title=metastock@xxxxxxxxxxxxx 
  href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx</A> </DIV>
  <DIV style="FONT: 10pt arial"><B>Sent:</B> donderdag 24 augustus 2000 
  18:00</DIV>
  <DIV style="FONT: 10pt arial"><B>Subject:</B> Re: Moving Average from an 
  indicator</DIV>
  <DIV><BR></DIV>
  <DIV><FONT size=2>Ton,</FONT></DIV>
  <DIV>&nbsp;</DIV>
  <DIV><FONT size=2>Try to drag Mov indicator onto your custom indicator, its 
  color&nbsp;must change to pink when you point your mouse on it if 
  okay.</FONT></DIV>
  <DIV><FONT size=2></FONT>&nbsp;</DIV>
  <DIV><FONT size=2>For some indicators, it may not be possible to drag it 
  directly, so you may want to create another custom indicator, for example 
  :</FONT></DIV>
  <DIV><FONT size=2>Mov(Fml("My custom indicator"),14,S) to plot a 14 periods 
  simple moving average of your indicator.</FONT></DIV>
  <DIV>&nbsp;</DIV>
  <DIV><FONT size=2>Gerard</FONT></DIV>
  <DIV>&nbsp;</DIV>
  <BLOCKQUOTE 
  style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
    <DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
    <DIV 
    style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B> 
    T.E.M. Lockefeer </DIV>
    <DIV style="FONT: 10pt arial"><B>To:</B> <A title=metastock@xxxxxxxxxxxxx 
    href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx</A> </DIV>
    <DIV style="FONT: 10pt arial"><B>Sent:</B> Thursday, August 24, 2000 7:34 
    AM</DIV>
    <DIV style="FONT: 10pt arial"><B>Subject:</B> Moving Average from an 
    indicator</DIV>
    <DIV><BR></DIV>
    <DIV><FONT size=2>&nbsp;Ton &amp; All,</FONT></DIV>
    <DIV><FONT size=2></FONT>&nbsp;</DIV>
    <DIV><FONT size=2>I want to plot a Moving average from an&nbsp;custom 
    indicator&nbsp;</FONT></DIV>
    <DIV><FONT size=2>(like ATR)&nbsp;but i get it f</FONT><FONT size=2>rom a 
    price field.</FONT></DIV>
    <DIV><FONT size=2></FONT>&nbsp;</DIV>
    <DIV><FONT size=2>Is it possible to work around this ?</FONT></DIV>
    <DIV><FONT size=2></FONT>&nbsp;</DIV>
    <DIV><FONT size=2>Thx.</FONT></DIV>
    <DIV><FONT size=2></FONT>&nbsp;</DIV>
    <DIV><FONT size=2>Theo L.</FONT></DIV>
    <DIV><FONT size=2></FONT>&nbsp;</DIV>
    <DIV>&nbsp;</DIV></BLOCKQUOTE></BLOCKQUOTE></BODY></HTML>

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