Trend Intensity Indicator

• 06/25/2021 at 12:35 PM #172417
  robertogozzi

  The formula to add is (provided you already have calculated ADR):

  c6 = (range / ADR) > 0.55

  1	c6 = (range / ADR) > 0.55

  

  robertogozzi

  Moderator

  Topics: 69

  Replies: 17153

  Been thanked: 4040 times
  06/26/2021 at 8:54 AM #172510
  Ganeshalove

  How to calculate ADR. Is this correct?

  ADR = 100 * (summation[20](High / Low) / 20-1) >=2.4
  c3 = (range / ADR) > 0.55
  x = c3
  SCREENER[x]

  

  Ganeshalove

  Participant

  Topics: 1

  Replies: 33

  Been thanked: 0 times
  06/26/2021 at 9:53 AM #172513
  robertogozzi

  ADR (Average Daily Range) is simply an average of the daily range, say 20 periods:

  ADR = average[20,0](range)

  1	ADR = average[20,0](range)

  your formula is different but can achieve a similar goal using a ratio.

   

  

  robertogozzi

  Moderator

  Topics: 69

  Replies: 17153

  Been thanked: 4040 times
  06/26/2021 at 10:07 AM #172514
  Ganeshalove

  it’s Perfect. Thank you so much. Appreciate your kind help.

  

  Ganeshalove

  Participant

  Topics: 1

  Replies: 33

  Been thanked: 0 times
  06/26/2021 at 12:14 PM #172523
  bertrandpinoy

  hello, I come to this topic, the title is promising..
  think you have the formula to integrate a strategy. One to two variable maximum? .

  

  bertrandpinoy

  Participant

  Topics: 24

  Replies: 121

  Been thanked: 8 times
• Author
  Posts