ATR Percentage

Optuma Forums Optuma Scripting ATR Percentage

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    Mathew
    Mathew
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    An ATR on one security can not be compared with another. The only way we can compare the volatility of different securities is to calculate the percentage of the ATR compared to the price of the security. This script represents that ATR ratio as a percentage.

    a1 = ATR();
    a1/CLOSE() * 100

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