There are always alternatives. I'm just showing you why this implementation doesn't work, so you don't waste too much of your time on it. You are right, HHVBars does return a number, but it is part of an array. ATR() is not designed to accept an array.
On Tue, Sep 16, 2008 at 10:31 PM, Louis P. <[EMAIL PROTECTED]> wrote: > Hi, > > Is there any way to go around this problem, as HHVBars returns an integer > number? > > Thanks, > > Louis > > 2008/9/16 Tony Grimes <[EMAIL PROTECTED]> > >> Easy, bar is an array, ATR() does not accept an array, has to be a >> fixed number. >> On Tue, Sep 16, 2008 at 9:13 PM, Louis P. <[EMAIL PROTECTED]> wrote: >> >>> Hi, >>> >>> Thank you for the explanation of a day ranger. I guess high ATR on a >>> daily basis can lead to great intraday trading if I understand this right. >>> >>> So far, my understanding of the HHVBars command is that it calculates the >>> number of bars from the latest HHV. So, logically, >>> >>> bar = HHVBars( C, 20 ); >>> >>> should mean that bar will be equal to the number of bars from the time >>> when the close was at its highest in the lastest 20 bars. So it should be >>> an integer number (e.g. 1, 2, 3, etc.) >>> >>> Then, why is >>> >>> ATR10 = ATR(bar); >>> >>> not working? >>> >>> I am puzzled... >>> >>> Thanks, >>> >>> Louis >>> >>> >>> 2008/9/16 marketmonk777 <[EMAIL PROTECTED]> >>> >>>> >>>> >>>> > What do you mean by "day ranger"? I am looking for stocks with not >>>> too much volatility. Maybe this is it? >>>> ----------------------------------------------- >>>> Day Rangers are the ones with a lot of volatility. You could scan for >>>> low ATRPs (ATR divided by the last closing price). >>>> >>>> ------------------------------------------------- >>>> I tried to include a variable in your code, but for some reason >>>> something is wrong. Instead of ATR(10) or ATR(15) I wanted to >>>> determine the ATR in function of the number from the HHVBars. >>>> >>>> So here is what I did: >>>> bar = HHVBars( C, 20 ); >>>> ATR10 = ATR(bar); >>>> >>>> Does not work, unfortunately... >>>> ------------------------------------------------ >>>> >>>> I think bar is a value of the Highest Closing Price over the last 20 >>>> periods. Not sure how to count the number of bars since but do >>>> vaguely remember seeing some code on how to do it. >>>> >>>> Hopefully some kind soul can come to the rescue >>>> >>>> >>> >> > >
