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5 / 5 (Votes 1)

metastock, oscillator, adaptive

Custom-smoothed ATR, with 8 choices for smoothing, incorporating automatic overBought/Sold levels.

By Jose Silva at metastocktools.com

Submitted by kelvinhand about 12 years ago

Submitted by kaiji about 15 years ago

Submitted by kaiji over 14 years ago

Submitted by mayurs over 12 years ago

Submitted by vargasc1 almost 14 years ago

Submitted by kaiji about 15 years ago

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{Average True Range - custom smoothing v2.0
 
Smoothing types for ATR:
 1 - Exponential MA
 2 - Simple MA
 3 - Time Series MA
 4 - Triangular MA
 5 - Variable MA
 6 - Volume adjusted MA
 7 - Weighted MA
 8 - MetaStock (Wilder's)
 
Copyright Â© 2002-2009 Jose Silva.
For personal use only.
http://www.metastocktools.com }
 
{Inputs}
pds:=Input("ATR smoothing periods",1,260,5);
type:=Input("[1]EMA [2]SMA [3]TmSr [4]Tri [5]Var [6]Vol [7]Wght",1,8,2);
 
{ATR custom smoothing}
x:=
 If(type=1,Mov(ATR(1),pds,E),
 If(type=2,Mov(ATR(1),pds,S),
 If(type=3,Mov(ATR(1),pds,T),
 If(type=4,Mov(ATR(1),pds,TRI),
 If(type=5,Mov(ATR(1),pds,VAR),
 If(type=6,Mov(ATR(1),pds,VOL),
 If(type=7,Mov(ATR(1),pds,W),
 ATR(pds))))))));
 
{Automatic OverBought/Sold historical levels}
avg:=Cum(x)/Cum(IsDefined(x));
pk:=Ref(x,-1)=HHV(x,3) AND Ref(x,-1)>avg;
pk1:=ValueWhen(1,pk,Ref(x,-1))*pk;
oBought:=Cum(pk1)/Cum(pk);
tr:=Ref(x,-1)=LLV(x,3) AND Ref(x,-1)<avg;
tr1:=ValueWhen(1,tr,Ref(x,-1))*tr;
oSold:=Cum(tr1)/Cum(tr);
 
{Plot in own window}
oBought;avg;oSold;x

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ATR Custom for Metastock
kaiji
about 15 years ago
Metastock

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