Louis,

>Does anyone know if it is possible to get an absolute value ATR?

The Abs() function serves that purpose but I think you mean something
else.

ATR is a measure of volatility and it is specific for each stock (or
instrument). The whole idea of it (AFAIK) is to use it on an
individual
stock basis.

It can be useful to compare volatility:

1) internally e.g. against an average of the last (x) days OR against
the StDev (standard deviation) of the volatility measure OR just use
StDev of the Close etc on its own.

StDev() function does allow to change the setting between 1 or 2 etc

2) externally to the volatility of the market OR a sector that the
stock is a member of OR compared to another stock in the same sector
etc.

brian_z



--- In [email protected], Graham <[EMAIL PROTECTED]> wrote:
>
> you could try a percentage type
> 
> ATR(10)/ref(c,-1)*100
> 
> -- 
> Cheers
> Graham Kav
> AFL Writing Service
> http://www.aflwriting.com
> 
> 
> On 24/02/2008, louisprefontaine <[EMAIL PROTECTED]> wrote:
> > Does anyone know if it is possible to get an absolute value ATR?  
I
> >  already use the ATR, but it changes from stock to stock, 
depending on
> >  the value of the stock.  Would it be possible to get an absolute 
value
> >  indicator, like CMF, RSI, etc.?  Thanks!
> >
> >
> >
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