ATR on chart indicator

This topic has 6 replies, 4 voices, and was last updated 3 years ago by robertogozzi.

Viewing 7 posts - 1 through 7 (of 7 total)

04/19/2020 at 7:44 PM #126936

Fab666

Can anyone help with this code please, the ATR “on chart” indicator won’t match the PRT below chart indicator.. both set to 20 atr. What is wrong with the code?

I’ve tried both including the weekend data and not including it, and still way off. The below chart I can assume is accurate because its the PRT standard, can anyone help please?

Picture attached shows the error between atr indicators.

thanks

defparam drawonlastbaronly=true

// --- parameters
ATRperiod = 20
// ---

dTR = 0
for i = 0 to ATRperiod-1
dTR=dTR+max(abs(Dhigh(i)-Dlow(i)),max(abs(Dhigh(i)-Dclose(i+1)),abs(Dlow(i)-Dclose(i+1))))
next

avg = dTR/ATRperiod
converted = round(avg/pointsize*10)/10

htr = Dlow(0)+avg[1]
ltr = Dhigh(0)-avg[1]

if intradaybarindex=0 then
begin=barindex
endif

drawsegment(begin,htr,barindex,htr) coloured(200,100,0)
drawtext("#htr# - (D1atr: #converted#)",barindex,htr+10*pointsize,Dialog,Bold,10) coloured(200,100,0)
drawsegment(begin,ltr,barindex,ltr) coloured(200,100,0)
drawtext("#ltr# - (D1atr: #converted#)",barindex,ltr-10*pointsize,Dialog,Bold,10) coloured(200,100,0)

return

defparam drawonlastbaronly=true

// --- parameters

ATRperiod = 20

// ---

dTR = 0

for i = 0 to ATRperiod-1

dTR=dTR+max(abs(Dhigh(i)-Dlow(i)),max(abs(Dhigh(i)-Dclose(i+1)),abs(Dlow(i)-Dclose(i+1))))

avg = dTR/ATRperiod

converted = round(avg/pointsize*10)/10

htr = Dlow(0)+avg[1]

ltr = Dhigh(0)-avg[1]

if intradaybarindex=0 then

begin=barindex

endif

drawsegment(begin,htr,barindex,htr) coloured(200,100,0)

drawtext("#htr# - (D1atr: #converted#)",barindex,htr+10*pointsize,Dialog,Bold,10) coloured(200,100,0)

drawsegment(begin,ltr,barindex,ltr) coloured(200,100,0)

drawtext("#ltr# - (D1atr: #converted#)",barindex,ltr-10*pointsize,Dialog,Bold,10) coloured(200,100,0)

return

Fab666

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04/19/2020 at 7:55 PM #126939

Vonasi

There are some simple rules that everyone using the forums is expected to follow. Your post has broken one or more of these rules.

The forum rules are as follows. I have highlighted in bold the rule/rules that you have not followed:

Post your topic in the correct forum.

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Only post in the language of the forum that you are posting in. For example English only in the English speaking forums and French only in the French speaking forums.
Always use the ‘Insert PRT Code’ button when putting code in your posts to make it easier for others to read.
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I have edited your post where required. Please ensure that your future posts meet these few simple forum rules. 🙂

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Fab666

Vonasi

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05/01/2020 at 9:08 PM #129317

Fab666

So I found an alternative on prorealcode that displays an on chart ATR range above and below price, but it doesn’t discount the weekend data. Anyway to remove the weekend data without actually removing the weekend candles from view? thanks

defparam drawonlastbaronly=true
 
// --- parameters
ATRperiod = 20
// ---
 
if intradaybarindex=0 then
begin=barindex
reset=0
dTR = 0
endif
 
if reset=0 then
for i = 1 to ATRperiod
dTR=dTR+max(abs(Dhigh(i)-Dlow(i)),max(abs(Dhigh(i)-Dclose(i+1)),abs(Dlow(i)-Dclose(i+1))))
next
reset=1
endif
 
avg = dTR/ATRperiod
converted = round(avg/pointsize*10)/10
 
htr = Dopen(0)+avg[1]
ltr = Dopen(0)-avg[1]
 
drawsegment(begin,htr,barindex,htr) coloured(255,255,0)
drawsegment(begin,htr+20*pointsize,barindex,htr+20*pointsize) coloured(255,0,0)
drawtext("#htr# - (D1atr: #converted#)",barindex,htr+10*pointsize,Dialog,Bold,10) coloured(255,0,0)
drawsegment(begin,ltr,barindex,ltr) coloured(255,255,0)
drawsegment(begin,ltr-20*pointsize,barindex,ltr-20*pointsize) coloured(0,255,0)
drawtext("#ltr# - (D1atr: #converted#)",barindex,ltr-10*pointsize,Dialog,Bold,10) coloured(255,0,0)
drawsegment(begin,Dopen(0),barindex,Dopen(0)) coloured(255,250,250)
 
return

defparam drawonlastbaronly=true

// --- parameters

ATRperiod = 20

// ---

if intradaybarindex=0 then

begin=barindex

reset=0

dTR = 0

endif

if reset=0 then

for i = 1 to ATRperiod

dTR=dTR+max(abs(Dhigh(i)-Dlow(i)),max(abs(Dhigh(i)-Dclose(i+1)),abs(Dlow(i)-Dclose(i+1))))

reset=1

endif

avg = dTR/ATRperiod

converted = round(avg/pointsize*10)/10

htr = Dopen(0)+avg[1]

ltr = Dopen(0)-avg[1]

drawsegment(begin,htr,barindex,htr) coloured(255,255,0)

drawsegment(begin,htr+20*pointsize,barindex,htr+20*pointsize) coloured(255,0,0)

drawtext("#htr# - (D1atr: #converted#)",barindex,htr+10*pointsize,Dialog,Bold,10) coloured(255,0,0)

drawsegment(begin,ltr,barindex,ltr) coloured(255,255,0)

drawsegment(begin,ltr-20*pointsize,barindex,ltr-20*pointsize) coloured(0,255,0)

drawtext("#ltr# - (D1atr: #converted#)",barindex,ltr-10*pointsize,Dialog,Bold,10) coloured(255,0,0)

drawsegment(begin,Dopen(0),barindex,Dopen(0)) coloured(255,250,250)

return

Fab666

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07/27/2020 at 1:06 PM #140193

ViSi0nZ

Bump

ViSi0nZ

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07/27/2020 at 1:20 PM #140195

robertogozzi

Try this (not tested):

defparam drawonlastbaronly=true
 // --- parameters
ATRperiod = 20
// ---
DayOK = OpenDayOfWeek >= 1 and OpenDayOfWeek <= 5
 if intradaybarindex=0 and DayOK then
   begin=barindex
   reset=0
   dTR = 0
endif
 if reset=0 then
   for i = 1 to ATRperiod
      dTR=dTR+max(abs(Dhigh(i)-Dlow(i)),max(abs(Dhigh(i)-Dclose(i+1)),abs(Dlow(i)-Dclose(i+1))))
   next
   reset=1
endif
If  DayOK Then
   avg = dTR/ATRperiod
   converted = round(avg/pointsize*10)/10
   htr = Dopen(0)+avg[1]
   ltr = Dopen(0)-avg[1]
 Endif
drawsegment(begin,htr,barindex,htr) coloured(255,255,0)
drawsegment(begin,htr+20*pointsize,barindex,htr+20*pointsize) coloured(255,0,0)
drawtext("#htr# - (D1atr: #converted#)",barindex,htr+10*pointsize,Dialog,Bold,10) coloured(255,0,0)
drawsegment(begin,ltr,barindex,ltr) coloured(255,255,0)
drawsegment(begin,ltr-20*pointsize,barindex,ltr-20*pointsize) coloured(0,255,0)
drawtext("#ltr# - (D1atr: #converted#)",barindex,ltr-10*pointsize,Dialog,Bold,10) coloured(255,0,0)
drawsegment(begin,Dopen(0),barindex,Dopen(0)) coloured(255,250,250)
return

defparam drawonlastbaronly=true

// --- parameters

ATRperiod = 20

// ---

DayOK = OpenDayOfWeek >= 1 and OpenDayOfWeek <= 5

if intradaybarindex=0 and DayOK then

begin=barindex

reset=0

dTR = 0

endif

if reset=0 then

for i = 1 to ATRperiod

dTR=dTR+max(abs(Dhigh(i)-Dlow(i)),max(abs(Dhigh(i)-Dclose(i+1)),abs(Dlow(i)-Dclose(i+1))))

reset=1

endif

If DayOK Then

avg = dTR/ATRperiod

converted = round(avg/pointsize*10)/10

htr = Dopen(0)+avg[1]

ltr = Dopen(0)-avg[1]

Endif

drawsegment(begin,htr,barindex,htr) coloured(255,255,0)

drawsegment(begin,htr+20*pointsize,barindex,htr+20*pointsize) coloured(255,0,0)

drawtext("#htr# - (D1atr: #converted#)",barindex,htr+10*pointsize,Dialog,Bold,10) coloured(255,0,0)

drawsegment(begin,ltr,barindex,ltr) coloured(255,255,0)

drawsegment(begin,ltr-20*pointsize,barindex,ltr-20*pointsize) coloured(0,255,0)

drawtext("#ltr# - (D1atr: #converted#)",barindex,ltr-10*pointsize,Dialog,Bold,10) coloured(255,0,0)

drawsegment(begin,Dopen(0),barindex,Dopen(0)) coloured(255,250,250)

return

1 user thanked author for this post.

Fab666

robertogozzi

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08/19/2020 at 12:34 AM #141956

Fab666

I had a go with that code, thanks for trying. It should match the PRT standard 20 average true range indicator once I remove the weekend data from the platform, but its still usually out by 10 pips or so. Unsure why it isn’t identical

Fab666

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Replies: 4

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08/24/2020 at 9:31 AM #142410

robertogozzi

Removing weekend data from your chart won’t REMOVE data, just it won’t be visualized.

Indicators keep running as usual, that’s why they differ and you need a custom indicator.

robertogozzi

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Replies: 16455

Been thanked: 3636 times

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