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Average Dollar Price Volatility Exploration - Deel for Metastock

maestro over 14 years ago Metastock

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    metastock, exploration

This exploration is designed to provide the average dollar price volatility figure in column F. This exploration will find the average dollar price volatility figure for all stocks scanned. The most useful way to use this formula is to apply this to a small group of stocks. It matches the steps in Deels book The Strategic Electronic Day Trader.

Files

Indicator / Formula

6 Parts
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Ref((HIGH-LOW),-1)
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Ref((HIGH-LOW),-2)
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Ref((HIGH-LOW),-3)
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Ref((HIGH-LOW),-4)
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(H - L + (Ref(H,-1) - Ref(L,-1)) + (Ref(H,-2) - Ref(L,-2))+(Ref(H,-3)
- Ref(L,-3)) + (Ref(H,-4) - Ref(L,-4))) / 5
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HIGH - LOW

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