Actually, if I was going standardise BarRange I would use the MidPoint Periods = x; MidPoint = (H-L)/2; BarRangePercent = (H-L)/Midpoint *100; AveBarRangePercent = MA(BarRangePercent,x);
brian_z --- In [email protected], "brian_z111" <[EMAIL PROTECTED]> wrote: > > Hello Grant, > > Something along the lines of? > > Periods = x; > AveBarRange = Sum(H-L,x)/x; > > You can standardise (or normalise) by converting to %: > > BarRangePercent = (H-L)/L * 100; > Periods = x; > AveBarRange = Sum(BarRangePercent,x)/x; > > I always normalise in situations like that. > ******************************************************************** > SUM > - sum data over specified number of bars Moving averages, summation > > > > SYNTAX sum( ARRAY, periods ) > RETURNS ARRAY > FUNCTION Calculates a cumulative sum of the ARRAY for the specified > number of lookback periods (including today). > EXAMPLE The formula "sum( CLOSE, 14 )" returns the sum of the > preceding 14 closing prices. A 14-period simple moving average could > be written "sum(C,14) / 14." > ********************************************************************* > > You can use the Param function for periods if you want to change the > periods from with the context menu on a chart. > > PARAM > - add user user-definable numeric parameter Exploration / Indicators > (AFL 2.3) > > > SYNTAX Param( ''name'', defaultval, min, max, step, sincr = 0 ) > RETURNS NUMBER > FUNCTION Adds a new user-definable parameter, which will be > accessible via Parameters dialog : > right click over chart pane and select "Parameters" or press Ctrl+R > allows to change chart parameters - changes are reflected > immediatelly. > > "name" - defines parameter name that will be displayed in the > parameters dialog > defaultval - defines default value of the parameter > min, max - define minimum and maximum values of the parameter > step - defines minimum increase of the parameter via slider in the > Parameters dialog > sincr - automatic section increment value (used by drag-drop > interface to increase default values for parameters) > WARNING: default/min/max/step parameters have to be CONSTANT numbers. > This is because these values are cached and are not re-read during > subsequent formula evaluations. > > > brian_z > > > > --- In [email protected], "longarm61" <norm1@> wrote: > > > > I would simply like an indicator that shows the average range, from > > high to low, of x number of bars. Just the bars only. ATR takes > > into account the previous close, which I don't want. > > > > Anyone have or can point me to a formula for this? > > > > Thanks in advance, > > > > Grant > > >
