Reply To: Average True Range Within % of 52 week Low

[Darren Topics: 42Replies: 288Posts: 330]

Hi Tonia,

Try this:

//Get ATR value V1 = ATR() ; //Get Lowest 52 week ATR Value V2 = LOWESTLOW(V1, BACKTYPE=Weeks, BARS=52); //Is current ATR within 5% of lowest? V3 = WITHINRANGE(V1,V2, PERCENT=5.00); //Did it occur in the last 2 days? TIMESINCESIGNAL(V3)<3

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//Get ATR value V1 = ATR() ; //Get Lowest 52 week ATR Value V2 = LOWESTLOW(V1, BACKTYPE=Weeks, BARS=52); //Is current ATR within 5% of lowest? V3 = WITHINRANGE(V1,V2, PERCENT=5.00); //Did it occur in the last 2 days? TIMESINCESIGNAL(V3)<3

Here are the ASX200 true results for Tuesday: