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ATR Bands

Formula for: MetaStock

indicator


 

 

Views:  1646

Added: January 14, 2007
 
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Tags: MetaStock, indicator
 
Your Ad Here
The formulas discussed by Gordon Gustafson in his article in this issue, "Which Volatility Measure?" can be recreated in MetaStock 6.52 or higher. To recreate these indicators in MetaStock, select the Indicator Builder from the Tools menu. Then click New and enter the following formulas:

 

 



Code:

ATR Bands
stdha := Mov(C,20,E)+2*(ATR(20));
stdla := Mov(C,20,E)-2*(ATR(20));
stdha;
stdla

 






Author: Gordon Gustafson
Source: http://www.traders.com

 

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