|
PureBytes Links
Trading Reference Links
|
Keltner is based on the average true range. You can look that up on
the web if you don't know what it means. The multiplier sets the
width of the bands. 2.0 times the ATR. 2.5 X ATR is the default and
is commonly used.
JO
--- In Metastockusers@xxxxxxxxxxxxxxx, <uhehs@xxxx> wrote:
> How does someone interpret the ATR multiplier?
> What is it used for?
>
> -----Original Message-----
> From: manohohman [mailto:kelols@x...]
> Sent: Friday, October 03, 2003 12:22 PM
> To: Metastockusers@xxxxxxxxxxxxxxx
> Subject: [Metastockusers] Re: Digest Number 882
>
> I use Keltner bands. Pure price channels don't work as well. Try it
> with the defaults and see how it does. Keltner's are based on the
> average true range and change direction with the trend. Bollinger
> Bands are statistical channels set at 2.1 std. devs from the median
> close and don't show trend very well at all. Each has it's uses.
>
> Pds1:= Input("EMA Periods?",1,100,20);
> Pds2:= Input("ATR Periods?",1,100,10);
> Mult:= Input("ATR Multiple?",1,10,2.5);
> EMA:= Mov(C, Pds1, E);
> Diff:= ATR(Pds2) * Mult;
> UBand:= EMA + Diff;
> LBand:= EMA - Diff;
> Ema;
> UBand;
> LBand;
>
>
> JO
>
>
> --- In Metastockusers@xxxxxxxxxxxxxxx, "Gram" <gramario@xxxx> wrote:
> > Hi all,
> > Does anyone know the formula for the price channel in MS?
> > Thanks,
> > Psmith.
>
>
>
> To unsubscribe from this group, send an email to:
> Metastockusers-unsubscribe@xxxxxxxxxxx
>
>
>
> Your use of Yahoo! Groups is subject to
http://docs.yahoo.com/info/terms/
------------------------ Yahoo! Groups Sponsor ---------------------~-->
Buy Ink Cartridges or Refill Kits for your HP, Epson, Canon or Lexmark
Printer at MyInks.com. Free s/h on orders $50 or more to the US & Canada.
http://www.c1tracking.com/l.asp?cid=5511
http://us.click.yahoo.com/mOAaAA/3exGAA/qnsNAA/zMEolB/TM
---------------------------------------------------------------------~->
To unsubscribe from this group, send an email to:
Metastockusers-unsubscribe@xxxxxxxxxxx
Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
|