StockFetcher Forums · General Discussion · New to site - wanting simple formula using ATR<< >>Post Follow-up
bobster
5 posts
msg #118363
Ignore bobster
2/24/2014 3:46:21 PM

I'm wanting to find stocks whose Average True Range is greater than 4% of the stock price. Here's what I've written that doesn't work: Average True Range(5) is > (close * 0.04)
I don't get any syntax errors but I still get some stocks having an ATR less than 4%. (ex: $48.49 with an ATR of 1.79 = 3.69% of price)

thanks

Kevin_in_GA
4,599 posts
msg #118364
Ignore Kevin_in_GA
2/24/2014 4:00:04 PM

Fetcher[

set{atrpercent, atr(5) / close}

atrpercent above 0.04

add column atrpercent

]



bobster
5 posts
msg #118365
Ignore bobster
2/24/2014 4:00:58 PM

Great...thanks a ton!

StockFetcher Forums · General Discussion · New to site - wanting simple formula using ATR<< >>Post Follow-up

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