The formula to add is (provided you already have calculated ADR):
c6 = (range / ADR) > 0.55
How to calculate ADR. Is this correct?
ADR = 100 * (summation[20](High / Low) / 20-1) >=2.4
c3 = (range / ADR) > 0.55
x = c3
SCREENER[x]
ADR (Average Daily Range) is simply an average of the daily range, say 20 periods:
ADR = average[20,0](range)
your formula is different but can achieve a similar goal using a ratio.
it’s Perfect. Thank you so much. Appreciate your kind help.
hello, I come to this topic, the title is promising..
think you have the formula to integrate a strategy. One to two variable maximum? .