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Re: ATR help

  • To: "miltonc" <miltonc@xxxxxxxxxxxx>
  • Subject: Re: ATR help
  • From: foolsgold <foolsgold0@xxxxxxx>
  • Date: Fri, 19 Mar 2004 15:25:46 -0800
  • Input: fac(5),len(10),price(c);
  • Input: fac(5),len(10),price(c);
  • Vars: upper(c),lower(c),atr(0),flag(0); plot1(lower,"lowband"); upper=9999999; plot2(upper,"upband"); lower=0;
  • Vars: upper(c),lower(c),atr(0),flag(0); buy next bar at market; upper=9999999; sell next bar at market; lower=0;
  • {note: Under File Properties change the Plot setting Type to point (not line)}

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m> Hi All
m> Would one of the group have, or be able to help me with an ela for
m> 2000i,that plots on a tick chart:
m> High-(4*ATR20 Bars),plotting a line below the price in an uptrend
m> When the line is hit, flips to follow down above the prices until hit, then
m> reversing below prices etc
m> Need to be able to vary the ATR period and/or the number of bars as I am
m> sure the result will vary
m> depending on time frame and market tested
m> Thanks
m> Milton