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mickl  
#1 Posted : Wednesday, February 8, 2012 12:32:33 AM(UTC)
mickl

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Hello, I'm new to Metastock and would like to know how i can modify the ATR to show it as "an inverted percentage of price"? (I've tired using the RSI since the inversion is there but i prefer to try to achieve this using ATR). Thanks, mick
wabbit  
#2 Posted : Wednesday, February 8, 2012 2:31:01 AM(UTC)
wabbit

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Maybe someone else might know what you're asking for, but I don't... so these may or may not help?

Code:


100*ATR(14)/L;



or maybe...

Code:


100*ATR(14)/min(ref(c,-1),L);



or maybe...

Code:
x:=ATR(14);

{plot}
RSI(x,14);


Can you define the problem more clearly?


wabbit [:D]

mickl  
#3 Posted : Monday, February 13, 2012 12:20:24 AM(UTC)
mickl

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Thankyou very much Wabbit, the first one is very close i think. basically I'm just trying to create a volatility indicator based on ATR. I would like to 'invert' the indicator (so it tracks price, easier to see the volatility divergences), is there a way to simply invert any indicator? Thanks, mickl
wabbit  
#4 Posted : Monday, February 13, 2012 12:50:59 AM(UTC)
wabbit

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That depends on your definition of "invert"!

Try:

Code:

x:={your code};

{plot}
1/x;


or, to simply reflect the curve across the x-axis:

Code:

x:={your code};

{plot}
-x;



????

wabbit [:D]

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