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 >> >> > >
