ATR by candlestick type

• 03/03/2020 at 12:35 AM #121021
  jayvee

  Hi, was wondering if someone could help please. Is it possible to code the atr by candlestick type e.g. for the past 10 bars, only calculate the atr for green bars?

  

  jayvee

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  03/03/2020 at 1:40 AM #121023
  robertogozzi

  There you go:

  ATR on Bullish bars

  // Calculation of ATR p = 10 Bullish = close > open MyTR = max(Range,max(abs(high - close[1]),abs(low - close[1]))) IF BarIndex < p THEN IF Bullish THEN MyATR = MyTR ELSE MyATR = MyATR[1] ENDIF ELSE IF Bullish THEN MyATR = ((MyATR[1] * (p - 1)) + MyTR) / p ELSE MyATR = MyATR[1] ENDIF ENDIF RETURN MyATR AS "Atr"

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  // Calculation of ATR p       = 10 Bullish = close >  open MyTR = max(Range,max(abs(high - close[1]),abs(low - close[1]))) IF BarIndex < p THEN    IF Bullish THEN       MyATR = MyTR    ELSE       MyATR = MyATR[1]    ENDIF ELSE    IF Bullish THEN       MyATR = ((MyATR[1] * (p - 1)) + MyTR) / p    ELSE       MyATR = MyATR[1]    ENDIF ENDIF RETURN MyATR AS "Atr"

   

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  Paul, jayvee

  

  robertogozzi

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  03/03/2020 at 11:45 AM #121050
  jayvee

  Thank you Roberto – you are great!

  

  jayvee

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