ATR multiples between two MAs

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10/19/2018 at 4:55 PM #83192 quote
Zac
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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

Legend
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.

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