Creating a % based ATR to use as a volatility filter

• 08/07/2021 at 11:59 AM #174866
  borderlineJim

  Hello members! Greetings to everyone

  I am here with another request due to my severely limited coding ability.  I am hoping someone can create a % based ATR that is based on the volatility as a percent of the price.  I hope to use this as a volatility filter across different asset classes.  The standard ATR calculation is not as suitable for this because it is not based on relative price values.

  Any takers?

  Thanks in advance

  Jim

  

  borderlineJim

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  08/08/2021 at 9:21 AM #174906
  robertogozzi

  There you go:

  Atr %

  Atr = AverageTrueRange[14](close) PerC = Atr * 100 / close RETURN PerC AS "Atr %"

  1 2 3

  Atr  = AverageTrueRange[14](close) PerC = Atr * 100 /  close RETURN PerC AS "Atr %"

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  borderlineJim

  

  robertogozzi

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  08/08/2021 at 2:11 PM #174929
  borderlineJim

  thank you Roberto! Greetings from Northern Ireland 🙂

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  robertogozzi

  

  borderlineJim

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