Download ATR Bands For Metastock

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metastock, atr, bands

Bands

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{ATR/Bollinger composite bands v2.0
 
Copyright © 2004-2009 Jose Silva.
For personal use only.
All code remains the property of Jose Silva.
http://www.metastocktools.com }
 
{Inputs}
type:=Input("Type:  [1]ATR,  [2]BB,  [3]Composite1,  [4]Comp2",1,4,1);
pds:=Input("BB/ATR periods",1,252,21);
dv:=Input("BB/ATR deviations",0,10,2);
 
{Bollinger bands}
BBup:=BBandTop(C,pds,S,dv);
BBdw:=BBandBot(C,pds,S,dv);
 
{ATR bands - MetaStockTools.com version}
pds:=pds/2;
ATup:=Mov(C,pds,TRI)+Mov(ATR(1),pds,TRI)*dv;
ATdw:=Mov(C,pds,TRI)-Mov(ATR(1),pds,TRI)*dv;
 
{Composite bands 1:
  ATR/BB bands closest to price bars}
HiUp:=Max(ATup,BBup);
LoUp:=Min(ATup,BBup);
HiDw:=Max(ATdw,BBdw);
LoDw:=Min(ATdw,BBdw);
CompUp1:=LoUp;
CompDw1:=HiDw;
 
{Composite bands 2:
  ATR/BB bands closest to price bars,
  and not touching price bars where possible}
CompUp2:=If(LoUp<H,HiUp,LoUp);
CompDw2:=If(HiDw>L,LoDw,HiDw);
 
{Final bands}
up:=If(type=1,ATup,If(type=2,BBup,
 If(type=3,CompUp1,CompUp2)));
dw:=If(type=1,ATdw,If(type=2,BBdw,
 If(type=3,CompDw1,CompDw2)));
 
{Plot bands on price chart}
up;dw

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ATR Bands for Metastock
martin3
over 14 years ago
Metastock

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