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Re: bandtraders.com/yesterdays_chart.html



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This is not that exactly, but it works very, very well. Longer period for
atr than for ave. It is done is 8.1, is set up for "update every tick" to be
off, and with round to tick on the right-most bar, so you will need to tweak
if that doesn't suit you.

Enjoy,
Chris

input: price(myprice), MA_len(20), ATR_len(80), ATR_mult(3),
color(rgb(255,50,50));
VAR: AvgTR(0), Avg(0), H2(0), L2(0), H1(0), L1(0), Trend(0),
SF(pricescale/minmove);

AvgTR =AvgTrueRange( ATR_len) ;
Avg =AverageFC(price,MA_len) ;
H2 = Avg + ATR_mult * AvgTR ;
L2 = Avg - ATR_mult * AvgTR ;
L1 = Avg - ATR_mult*.5 * AvgTR;
H1 = Avg + ATR_mult*.5 * AvgTR;

plot1(H2,"H2",color,0,1);
plot2(L2,"L2",color,0,1);
plot3(L1,"L1",color,0,0);
plot4(H1,"H1",color,0,0);
plot5(avg,"Av",color,0,1);
plot1[-1](Round(H2*SF,0)/SF,"H2",color,0,1);
plot2[-1](Round(L2*SF,0)/SF,"L2",color,0,1);
plot3[-1](Round(L1*SF,0)/SF,"L1",color,0,0);
plot4[-1](Round(H1*SF,0)/SF,"H1",color,0,0);
plot5[-1](Round(avg*SF,0)/SF,"Av",color,0,1);





----- Original Message ----- 
From: <carlyhampson@xxxxxxx>
To: <omega-list@xxxxxxxxxx>
Sent: Tuesday, April 12, 2005 4:40 PM
Subject: bandtraders.com/yesterdays_chart.html


> anyone know anything about these indicators:
> http://bandtraders.com/yesterdays_chart.html
> use a modified keltner i believe.
> if you have it let me know. Thanks
>