Moving Average of ATR(5)

• 07/23/2017 at 1:25 PM #41404
  Dunger

  Hi,Is it possible to create a moving average of ATR to be displayed on price chart? I can only display ATR as an indicator below price chart, not in it.
  My aim is to have different moving averages based on volatility and using ATR would be one way to achieve this.
  Where x is the number of days.
  Where y would be the ATR value.
  Therefore, you define the moving average of ATR, rather than price and would see the line displayed as moving average on your chart.

  Thanks in advance for anything posted and whether this is indeed possible.
  Regards,Scott

  

  Dunger

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  07/29/2017 at 6:50 PM #41967
  JC_Bywan

  Hi, you can display all sorts on things on price chart rather than below it, instead of adding an indicator from top window menu, you just click on the little spanner next to “price” on chart, and from the opened window add indicator that will be displayed on chart. However, your ATR is unlikely to be of the same order of magnitude as the price of the instrument, so displaying ATR or moving average of ATR on price chart you’d have scaling issues (ATR far below close to zero, and instrument far above close to top of window) inside price chart…

  

  JC_Bywan

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