StockFetcher Forums · Filter Exchange · ATR Bands<< >>Post Follow-up
durgin
60 posts
msg #114192
Ignore durgin
6/22/2013 7:33:33 PM

The latest issue of Active Trader (July 2013) has an article entitled "Trading with ATR bands". I'm interested in having a simple ATR band filter that I can apply to my Watch Lists.

I did a search and came up with ATR bands by TheRumpledOne but he used linear regression to help sort things out.
https://www.stockfetcher.com/forums/Filter.../ATR-BANDS/47847ANDS/47847

I'm not able to make a simple ATR band filter and would appreciate any assistance. Thanks!

Phil





four
3,998 posts
msg #114197
Ignore four
modified
6/22/2013 10:07:29 PM


I notice TRO created a filter for ATR bands.
I wonder what does TRO's filter not provide ?

- -

Note:

1. Link for TRO's reference for his attempt at bands: http://forex.gftforex.com/public/item/147969

2. Link to TRO's actual attempt: https://www.stockfetcher.com/forums/Filter-Exchange/ATR-BANDS/47847

durgin
60 posts
msg #114198
Ignore durgin
6/22/2013 10:41:29 PM

I wasn't sure that there was a need for or value in using the Fibonacci number or the Linear Regression (20). So I wanted to remove that from the filter.

I was trying to replicate what they have in the article and it is simply 1) the 14-day SMA 2) the Upper band = 14-day SMA + 14-day ATR and 3) the Lower band = 14-day SMA - 14-day ATR.

four
3,998 posts
msg #114199
Ignore four
modified
6/22/2013 10:57:59 PM

perhaps...

Fetcher[
/* ATR BAND FILTER */
draw ma(14)
set{ tmp , atr(14)}
set{ line_upper, ma(14) + tmp }
set{ line_lower, ma(14) - tmp }


draw line_upper on plot close
draw line_lower on plot close


close above 20
volume above 20000000
]



durgin
60 posts
msg #114200
Ignore durgin
6/22/2013 11:22:24 PM

YES. Thanks so much -- the only revision I would make is to to remove the Keltner bands.

Fetcher[
/* ATR BAND FILTER */
draw ma(14)
set{ tmp , atr(14)}
set{ line_upper, ma(14) + tmp }
set{ line_lower, ma(14) - tmp }


draw line_upper on plot close
draw line_lower on plot close

do not draw Keltner bands

close above 20
volume above 20000000
]



StockFetcher Forums · Filter Exchange · ATR Bands<< >>Post Follow-up

*** Disclaimer *** StockFetcher.com does not endorse or suggest any of the securities which are returned in any of the searches or filters. They are provided purely for informational and research purposes. StockFetcher.com does not recommend particular securities. StockFetcher.com, Vestyl Software, L.L.C. and involved content providers shall not be liable for any errors or delays in the content, or for any actions taken based on the content.


Copyright 2016 - Vestyl Software L.L.C.Terms of Service | License | Questions or comments? Contact Us
EOD Data sources: DDFPlus & CSI Data Quotes delayed during active market hours. Delay times are at least 15 mins for NASDAQ, 20 mins for NYSE and Amex. Delayed intraday data provided by DDFPlus