how do i calculate the value of an indicator on Nth previous bar?

borderlineJim · 2021-08-19T15:30:46+00:00

hello again I was wondering if any of the programming wizards could help with some simple code… I would like to calculate the value of an indicator (ATR) on a previous bar so that I can potentially open positions if the volatility is rising… I was thinking of using just 2 bars for this. This will act somewhat like a filter. Simply put: if after 2 bars the volatility is rising based on the ATR value, then I will look to open a position on the 3 bar (using a trigger from a lower time-frame). I hope this makes sense. Kind Regards Jim

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08/19/2021 at 4:30 PM #175711 quote

borderlineJim
Participant

Senior

hello again

I was wondering if any of the programming wizards could help with some simple code…

I would like to calculate the value of an indicator (ATR) on a previous bar so that I can potentially open positions if the volatility is rising… I was thinking of using just 2 bars for this. This will act somewhat like a filter.

Simply put: if after 2 bars the volatility is rising based on the ATR value, then I will look to open a position on the 3 bar (using a trigger from a lower time-frame). I hope this makes sense.

Kind Regards

Jim

08/19/2021 at 4:45 PM #175719 quote
robertogozzi
Moderator

Legend
Simply use [N] to refer to the previous Nth bar.
```
ATR = AverageTrueRange[14](close)
IF ATR[2] THEN    //check the ATR value 2 bars ago
 .
 .
ENDIF
```
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08/20/2021 at 10:05 AM #175762 quote

borderlineJim
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Senior

thanks again Roberto!
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how do i calculate the value of an indicator on Nth previous bar?

ProOrder: Automated Strategies & Backtesting

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This topic contains 2 replies,
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5 years, 1 month ago.

Topic Details

Forum:	ProOrder: Automated Strategies & Backtesting
Language:	English
Started:	08/19/2021
Status:	Active
Attachments:	No files