EMA based on price and 3 ATR (Keltner) channels above and below the EMA

rassom · 2020-05-07T11:12:06+00:00

Hi all, Is it possible to make the following indicator/screener in PRT in some way? It’s a little bit like Percent Of Stocks Above X-Day Average, i.e. https://www.barchart.com/stocks/quotes/$MMTW/technical-chart, but with ATR instead. Please see attached screenshot: As you can see in the chart, I have an EMA based on price and 3 ATR (Keltner) channels above and below the EMA, so 6 ATR channel lines in total. What I want is this: Have a screener or – preferably a chart indicator, i.e. a line chart – showing the % of all US stocks (the around 4,600 “normal” stocks that are not ETFs and not OTC stocks) that are currently above or below their X ATR channel, i.e. above +2 ATR. It should be on a weekly and/or daily chart, i.e. close values, live prices not necessary. If it’s possible in PRT, who can program it and what will the cost be? Best regards, Rasmus

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05/07/2020 at 12:12 PM #130424 quote

rassom
Participant

New

Hi all,

Is it possible to make the following indicator/screener in PRT in some way?

It’s a little bit like Percent Of Stocks Above X-Day Average, i.e. https://www.barchart.com/stocks/quotes/$MMTW/technical-chart, but with ATR instead.

Please see attached screenshot: As you can see in the chart, I have an EMA based on price and 3 ATR (Keltner) channels above and below the EMA, so 6 ATR channel lines in total.

What I want is this:
Have a screener or – preferably a chart indicator, i.e. a line chart – showing the % of all US stocks (the around 4,600 “normal” stocks that are not ETFs and not OTC stocks) that are currently above or below their X ATR channel, i.e. above +2 ATR. It should be on a weekly and/or daily chart, i.e. close values, live prices not necessary.

If it’s possible in PRT, who can program it and what will the cost be?

Best regards,
Rasmus

111.jpeg

05/07/2020 at 1:07 PM #130437 quote

Nicolas
Keymaster

Legend

Assistance is free on our forums. You can download an ATR channel indicator here: Multiple ATR bands or maybe this one? https://www.prorealcode.com/topic/keltner-channel-2/#post-47879

05/07/2020 at 1:13 PM #130439 quote

rassom
Participant

New

Thanks, Nicolas.

Unfortunately I’m not just looking to see ATR channels on a single stock. That would be pretty simple.

Rather, I’m looking for an indicator that can display the % of i.e. 5000 different stocks that are above/below their X ATR from an EMA.

05/07/2020 at 1:14 PM #130440 quote

rassom
Participant

New

PS. Would you please change the title of the topic accordingly? I can see it has been changed from my original title and is now not explanatory of what I want to achieve.

05/07/2020 at 2:20 PM #130450 quote

Nicolas
Keymaster

Legend

Sorry but that’s not possible to get other instrument data than the one actually displayed, by code.

05/07/2020 at 2:32 PM #130454 quote

rassom
Participant

New

Ok, thanks. Would it be possible to create a scanner that gauges the % of stocks over/below a certain ATR from an EMA?

05/07/2020 at 4:20 PM #130483 quote

Nicolas
Keymaster

Legend

No, because a screener code only check 1 stock at once and therefore cannot cumulate results over the complete list.

05/07/2020 at 9:24 PM #130524 quote

rassom
Participant

New

Ok, I must look elsewhere than PRT then.

Thanks for helping out! 🙂
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This topic contains 7 replies,
has 2 voices, and was last updated by rassom
6 years, 4 months ago.

Topic Details

Forum:	ProBuilder: Indicators & Custom Tools
Language:	English
Started:	05/07/2020
Status:	Active
Attachments:	1 files