ATR comes close, but uses Wilder's smoothing instead of MA smoothing and
considers price gaps.

http://stockcharts.com/education/IndicatorAnalysis/indic_ATR.html 

 

"Wilder's Smoothing indicator is similar to the Exponential Moving Average."

--

Terry

-----Original Message-----
From: [email protected] [mailto:[EMAIL PROTECTED] On Behalf
Of Wes Smith
Sent: Sunday, January 28, 2007 23:24
To: [email protected]
Subject: Re: [amibroker] Determining average price range over N days

 

How about  "myaverage=ma(C,4) ;     // 4 day MA of close

----- Original Message ----
From: mbs010101 <[EMAIL PROTECTED]>
To: [email protected]
Sent: Monday, January 29, 2007 1:13:21 AM
Subject: [amibroker] Determining average price range over N days

Hi,

Is there a function available that will give me the average daily price 
range (hi-low) over N past days/periods. I know i can do this manually 
by summing and dividing by N, but just wondering if there is a function 
already out there that does the same thing.

Thank you

 

 

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