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Description |
The PercentATR formula expresses the net change in price as a percentage of the Average True Range. |
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Formula |
PercentATR(SERIES, Length=14)=begin retval = percentage(abs(NetChange($1)),AverageTrueRange2($1,Length)) end |
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Parameters |
SERIES The SERIES directive makes this formula available as a Formula Study. SERIES refers to the instrument in a chart. SERIES does not become a study parameter.
Length The number bars to average. |
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Return Value |
A percent ATR value. |
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Examples |
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Comments |
NA |
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