EMA based on price and 3 ATR (Keltner) channels above and below the EMA

• 05/07/2020 at 12:12 PM #130424
  rassom

  Hi  all,

  Is it possible to make the following indicator/screener in PRT in some way?

  It’s a little bit like Percent Of Stocks Above X-Day Average, i.e. https://www.barchart.com/stocks/quotes/$MMTW/technical-chart, but with ATR instead.

  Please see attached screenshot: As you can see in the chart, I have an EMA based on price and 3 ATR (Keltner) channels above and below the EMA, so 6 ATR channel lines in total.

  What I want is this:
  Have a screener or – preferably a chart indicator, i.e. a line chart – showing the % of all US stocks (the around 4,600 “normal” stocks that are not ETFs and not OTC stocks) that are currently above or below their X ATR channel, i.e. above +2 ATR. It should be on a weekly and/or daily chart, i.e. close values, live prices not necessary.

  If it’s possible in PRT, who can program it and what will the cost be?

  Best regards,
  Rasmus

  

  rassom

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  05/07/2020 at 1:07 PM #130437
  Nicolas

  Assistance is free on our forums. You can download an ATR channel indicator here: Multiple ATR bands or maybe this one? https://www.prorealcode.com/topic/keltner-channel-2/#post-47879

   

  

  Nicolas

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  05/07/2020 at 1:13 PM #130439
  rassom

  Thanks, Nicolas.

  Unfortunately I’m not just looking to see ATR channels on a single stock. That would be pretty simple.

  Rather, I’m looking for an indicator that can display the % of i.e. 5000 different stocks that are above/below their X ATR from an EMA.

  

  rassom

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  05/07/2020 at 1:14 PM #130440
  rassom

  PS. Would you please change the title of the topic accordingly? I can see it has been changed from my original title and is now not explanatory of what I want to achieve.

  

  rassom

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  05/07/2020 at 2:20 PM #130450
  Nicolas

  Sorry but that’s not possible to get other instrument data than the one actually displayed, by code.

  

  Nicolas

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  05/07/2020 at 2:32 PM #130454
  rassom

  Ok, thanks. Would it be possible to create a scanner that gauges the % of stocks over/below a certain ATR from an EMA?

  

  rassom

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  05/07/2020 at 4:20 PM #130483
  Nicolas

  No, because a screener code only check 1 stock at once and therefore cannot cumulate results over the complete list.

  

  Nicolas

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  05/07/2020 at 9:24 PM #130524
  rassom

  Ok, I must look elsewhere than PRT then.

  Thanks for helping out! 🙂

  

  rassom

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