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This is what I have come up with for an up bars atr(5). It does not
seem acurate though as it does not oscillate over and under the
regular atr(5) as expected. Any sugestions?
If(Sum(C>Ref(C,-1),5)=5,
(Sum(If(C>Ref(C,-1),ATR(1),0),5))/5,If(Sum(C>Ref(C,-1),6)=5,
(Sum(If(C>Ref(C,-1),ATR(1),0),6))/6,If(Sum(C>Ref(C,-1),7)=5,
(Sum(If(C>Ref(C,-1),ATR(1),0),7))/7,If(Sum(C>Ref(C,-1),8)=5,
(Sum(If(C>Ref(C,-1),ATR(1),0),8))/8,If(Sum(C>Ref(C,-1),9)=5,
(Sum(If(C>Ref(C,-1),ATR(1),0),9))/9,If(Sum(C>Ref(C,-1),10)=5,
(Sum(If(C>Ref(C,-1),ATR(1),0),10))/10,If(Sum(C>Ref(C,-1),11)=5,
(Sum(If(C>Ref(C,-1),ATR(1),0),11))/11,If(Sum(C>Ref(C,-1),12)=5,
(Sum(If(C>Ref(C,-1),ATR(1),0),12))/12,If(Sum(C>Ref(C,-1),13)=5,
(Sum(If(C>Ref(C,-1),ATR(1),0),13))/13,If(Sum(C>Ref(C,-1),14)=5,
(Sum(If(C>Ref(C,-1),ATR(1),0),14))/14,If(Sum(C>Ref(C,-1),15)=5,
(Sum(If(C>Ref(C,-1),ATR(1),0),15))/15,If(Sum(C>Ref(C,-1),16)=5,
(Sum(If(C>Ref(C,-1),ATR(1),0),16))/16,If(Sum(C>Ref(C,-1),17)=5,
(Sum(If(C>Ref(C,-1),ATR(1),0),17))/17,If(Sum(C>Ref(C,-1),18)=5,
(Sum(If(C>Ref(C,-1),ATR(1),0),18))/18,0))))))))))))))
--- In equismetastock@xxxxxxxxxxxxxxx, eslam_h2022 <no_reply@xxx>
wrote:
>
> --- In equismetastock@xxxxxxxxxxxxxxx, "Jose Silva"
> <josesilva22@> wrote:
> >
> > Terry, the posted indicator shows the *average* closing price
> > difference in up (and down) bars, as set out in your original
> request:
> >
> > "[if(c>ref(c,-1),c-ref(c,-1),0)]"
> >
> >
> > For ATR Up/Down bars,
> > change:
> > ---8<----------------
> > diff:=If(type=1,C-Ref(C,-1),
> > (C/Ref(C,-1)-1)*100);
> > ---8<----------------
> >
> > to:
> > ---8<----------------
> > diff:=ATR(1);
> > ---8<----------------
> >
> > Once you've adjusted the indicator code to measure ATR instead of
> C-
> > Ref(C,-1), for strict (un-smoothed) ATR Up/Down bars set the SMA
> > periods to "1".
> >
> > For additional help on this matter, please consider employing the
> > professional services of a competent MetaStock programmer.
> >
> >
> > jose '-)
> > http://www.metastocktools.com
> >
> >
> >
> > --- In equismetastock@xxxxxxxxxxxxxxx, projosc <no_reply@> wrote:
> > >
> > > Thanks Jose. I don't know what this indicator shows, but it is
> not
> > > up bars ATR.
> > >
> > >
> > > --- In equismetastock@xxxxxxxxxxxxxxx, "Jose Silva"
> <josesilva22@>
> > > wrote:
> > >
> > > Terry, try this indicator:
> > >
> > > ====================
> > > Up/Down bar averages
> > > ====================
> > > ---8<-------------------------
> > >
> > > { From: http://www.metastocktools.com }
> > >
> > > { User inputs }
> > > pds:=Input("SMA periods",1,260,5);
> > > type:=Input("plot: [1]Difference, [2]Percentage",1,2,1);
> > >
> > > { Difference: Momentum or RoC% }
> > > diff:=If(type=1,C-Ref(C,-1),
> > > (C/Ref(C,-1)-1)*100);
> > >
> > > { Up bars }
> > > up:=C>Ref(C,-1);
> > > upDiff:=up*diff;
> > > upAvg:=Sum(upDiff,pds)/Max(Sum(up,pds),1);
> > >
> > > { Down bars }
> > > dw:=C<Ref(C,-1);
> > > dwDiff:=dw*diff;
> > > dwAvg:=Sum(dwDiff,pds)/Max(Sum(dw,pds),1);
> > >
> > > { Plot in own window }
> > > upDiff;upAvg;
> > > dwDiff;dwAvg
> > >
> > > ---8<-------------------------
> > >
> > >
> > > jose '-)
> > > http://www.metastocktools.com
> > >
> > >
> > >
> > >
> > > --- In equismetastock@xxxxxxxxxxxxxxx, projosc <no_reply@>
wrote:
> > >
> > > Hello new friends. Perhaps someone can help me with this. I
want
> > > to create an average true range of up days separate from down
> days.
> > > If I use the if() function, it returns the values I want
> > > [if(c>ref(c,-1),c-ref(c,-1),0)] but also returns zeros for the
> > > down bars. This causes the moving average to be miscalculated.
> > > How do I return only the positve values with no zeros and then
> > > devide by the apropriate number? Thanks
> > > and I hope this will help others also. Terry
> >
>
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