ATR multiples between two MAs

Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • 10/19/2018 at 4:55 PM #83192 quote
    Zac
    Participant
    Average

    Hi,

    I would like to express the distance between a short-term MA and long-term MA as a number of ATR multiples. I have made a start below. I would really appreciate some help in refining things further.

    1/  It would be great to have the stocks displayed in descending order (so the stocks where the gap is the biggest ATR multiple is shown first)

    2/  I would like to see the ATR multiple if possible

    3/  It is probably wise to also add a volume filter (I can probably tackle that bit but just thought of it as I was typing)

    I’ve had a good look around to see if there is any code to repurpose. I can’t seem to find something applicable. Does anyone have any ideas/suggestions?

    Thanks in advance, Zac.

     

    // Number of ATR multiples to cover distance between 10MA and 250MA

TIMEFRAME (DAILY)
ATR = AverageTrueRange [20] (close)
MA10 = Average [10] (close)
MA250 = Average [250] (close)
DIST = ABS (MA10-MA250)
 
SCREENER [DIST / ATR]
    10/22/2018 at 11:57 AM #83326 quote
    Nobody
    Participant
    Veteran
    Zac wrote:

    I would like to see the ATR multiple if possible

    Write it as indicator then use that as criteria

    Zac thanked this post
    10/22/2018 at 12:21 PM #83327 quote
    Zac
    Participant
    Average

    Thanks.

    Could I easily get from that to a shortlist of the most extended stocks? That’s the primary purpose.

    10/28/2018 at 11:09 AM #83640 quote
    Nicolas
    Keymaster
    Master

    Just use your condition as the criteria to sort the results:

    SCREENER (DIST / ATR)

    This way, the screener will display all the shares of the list since there is no condition and sorted by “dist / atr” value.

    Zac thanked this post
  • Author
    Posts
Viewing 4 posts - 1 through 4 (of 4 total)
  • You must be logged in to reply to this topic.

ATR multiples between two MAs


ProScreener: Market Scanners & Detection

New Reply
Author
author-avatar
Zac @zac Participant
Summary

This topic contains 3 replies,
has 3 voices, and was last updated by Nicolas
7 years, 4 months ago.

Topic Details
Forum: ProScreener: Market Scanners & Detection
Language: English
Started: 10/19/2018
Status: Active
Attachments: No files
Logo Logo
Loading...
Do you like cookies? 🍪 We use cookies to ensure you get the best experience on our website. (Learn more)
©2026 ProRealCode - Trading & Coding with ProRealTime™