Support Board
Date/Time: Sun, 24 Nov 2024 07:32:46 +0000
[User Discussion] - something like ATR study
View Count: 1501
| [2013-10-04 13:07:42] |
| mayerrs - Posts: 70 |
|
hi, i would like to ask if i am able to make something like this: i would know how many times is last bar bigger then an avarage prior of last 5 or 10 or whatever bars. i tried use to ATR but it is not what exactly i mean. can somebody help me how to do it? |
| [2013-10-04 14:06:29] |
| namlem - Posts: 94 |
|
Hi, I don't know if there is a study for this, but you can do it in a spreadsheet (if I understood correctly) this is relation of last bar to average size (from High to Low) of last 10 bars: =1/((AVERAGE(C4:C14)-AVERAGE(D4:D14))/(C3-D3)) in result: 0.5 means current candle size twice smaller than avg(10), 1-equals, 2 - twice bigger and so on.. |
| [2013-10-04 14:21:36] |
| mayerrs - Posts: 70 |
|
thanks for your respond but i meant something without spredsheet because i have too many chartbooks and charts so i was wondering i would see the number somewhere on chart header row. i would see for example "2.5" and i would know the last bar is 2.5 times bigger than last 5 or 10 bars.. is this possible? |
| [2013-10-04 14:29:49] |
| namlem - Posts: 94 |
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Probably you know, that with "Text Display from Study" you can output any value from the spreadsheet to a chart... If to achieve the same without spreadsheet is possible i don't know. sorry. |
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