Is it possibile to get a system to optimize itself each x?

• 04/30/2016 at 7:39 PM #6272
  Nicolas

  Well, I found something more relevant for the formula :

  Current ATR = [(Prior ATR x 13) + Current TR] / 14 - Multiply the previous 14-day ATR by 13. - Add the most recent day's TR value. - Divide the total by 14

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  Current ATR = [(Prior ATR x 13) + Current TR] / 14     - Multiply the previous 14-day ATR by 13.   - Add the most recent day's TR value.   - Divide the total by 14

  So here is the ATR formula to compute the Daily timeframe to be used in any other timeframe.

  period = 14 //True range calculation d1 = Dhigh(0)-Dlow(0) d2 = abs(Dhigh(0)-Dclose(1)) d3 = abs(Dlow(0)-Dclose(1)) dailyTR =max(d1,max(d2,d3)) c = exponentialaverage[period](dailyTR) RETURN c as "Daily Timeframe ATR"

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  period = 14   //True range calculation d1 = Dhigh(0)-Dlow(0) d2 = abs(Dhigh(0)-Dclose(1)) d3 = abs(Dlow(0)-Dclose(1))   dailyTR =max(d1,max(d2,d3))   c = exponentialaverage[period](dailyTR)   RETURN c as "Daily Timeframe ATR"

  Which return the good result in daily timeframe, same as the embedded ATR of the platform (look at picture attached). But a slightly different one when in inferior timeframe. Don’t know really why for the moment..

   

  

  Nicolas

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  04/30/2016 at 7:53 PM #6274
  Robin

  Thanks Nicolas, thats great 🙂

  

  Robin

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