Hello everybody,

I want to make a condition that is true if the ATR is ascending. In the condition I can only get the value of the actual ATR. But how can I find out the direction of the indicator (descending, ascending etc...)? Somehow it must be related to older data, but i dont know how to put this in a formula.

kr

florian

hey pcons..... yes you are correct on both points..... atr bounces so much that some sort of smoothing must be employed.... my code was just a quick example and used atr(40) to help smooth some....

you could use the same //---- a > ref(a, -10) ------- to find how the current bars atr compares to atr from 10 bars ago..... that would still be somewhat shakey and might not truely reflect whether the atr is rising/falling......

you could further smooth the atr by applying a moving average to it..... the code below will plot the moving average of the atr or a binary wave showing whether the current value is greater than the previous value..... plot =1 for moving average, plot=2 for binary wave.....

you could also place a variable for the -1 to be able to use -5, five bars ago, and so on..... there are other methods but this might be the eaiest to code......h

//-------------------------------------

ma:=Input("maperiods",2,100,10);
avtr:=Input("atrperiods",2,100,10);
plot:=Input("plot",1,2,1);

a:=Mov(ATR(avtr),ma,S);
aa:=If(a>Ref(a,-1),1,0);

//-----------------------------------

hey henry .....thanks.... that does work a whole lot better.... h

hey pcons.... eariler my mind was on the markets here and in my haste i left off the line of the code.... i've added it here to henry's version which is far better than mine..... h

//---------------------------------------------

ma:=Input("maperiods",2,100,10);
avtr:=Input("atrperiods",2,100,10);
plot:=Input("plot",1,2,1);

a:=Mov(ATR(avtr),ma,S);

aa:=If(Sum(a>Ref(a,-1),5)>2,1,If(Sum(a<Ref(a,-1),5)>2,-1,0));

If(plot=1,a,aa) {i left off this line above}

//---------------------------------------------