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[Metastockusers] Re: ATR Exploration



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Jayson,

I may not have expressed it well. I was asking earlier about a way to 
filter for good swing trading stocks and got the following response 
from Pierre:

>I known that Chuck Le Beau found that most short term systems work 
best on stocks which have an average true range (ATR, 20) that is 
greater than 4% of the stock price. This filter should keep you out 
of stocks that don't seem to go anywhere even if your timing is good.<

So this is what I'm trying to do.

Thanks,
Harold


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