Systrader
56 posts
msg #91340
- Ignore Systrader |
4/17/2010 9:04:14 PM
Is there an easy way to get the average dollar price swing range in a month ?
with ATR(30), this only gives me an average daily swing range over a 30 day period.
Does there exist a measure for a monthly range so if it was called AMR , then AMR(12) would be the average monthly range taken over 12 months ?
I am looking to define a monthly range so that I can use this for an option trade .Help me to know if the strike prices might be too narrow or enough.
Thanks
|
dwiggains
444 posts
msg #91368
- Ignore dwiggains |
4/18/2010 3:30:19 PM
Hi
Not sure this is what you want
This will get you the monthly total range.
22 days trading in most months.
See ya
David
|
Systrader
56 posts
msg #91373
- Ignore Systrader |
4/18/2010 5:53:12 PM
Using your range statement , I have this below, but this filter gives no results
SF [set {range1, high 22 day high minus low 22 day low}
set {range2, high 44 day high minus low 44 day low}
set {range3, high 66 day high minus low 66 day low}
set {avgrange, (range1+range2+range3) divided by 3}
average volume(60) is above 500000 and
adx(30) is below 20 and
stock is optionable and
add column atr(90)
add column weekly RSI(2) and
add column avgrange]
I think there is a problem with this line
set {avgrange, (range1+range2+range3) divided by 3}
Any ideas ?
|
Systrader
56 posts
msg #91374
- Ignore Systrader |
4/18/2010 5:55:25 PM
Clickable
Fetcher [set {range1, high 22 day high minus low 22 day low}
set {range2, high 44 day high minus low 44 day low}
set {range3, high 66 day high minus low 66 day low}
set {avgrange, (range1+range2+range3) divided by 3}
average volume(60) is above 500000 and
adx(30) is below 20 and
stock is optionable and
add column atr(90)
add column weekly RSI(2) and
add column avgrange]
|
chetron
2,817 posts
msg #91375
- Ignore chetron |
4/18/2010 6:05:39 PM
get rid of space after fetcher
and only 1 math operation per set command.
hth
|
Systrader
56 posts
msg #91377
- Ignore Systrader |
4/18/2010 7:38:08 PM
Thanks a lot Chet
|
moby
314 posts
msg #91389
- Ignore moby |
4/19/2010 12:04:21 AM
|
chetron
2,817 posts
msg #91396
- Ignore chetron |
4/19/2010 7:07:32 AM
MAYBE....
|
moby
314 posts
msg #91399
- Ignore moby
modified |
4/19/2010 8:23:22 AM
sound the horns....Chetron to the rescue! Man...you so rock!
|