Home Shop

Selected Exploration

Average True Range in Percent

The average true range in itself is of little use when comparing volatility of various securities. For this reason it is important to measure the average true range as a percentage of the price of a security. This exploration will deliver a list of securities sorted according to percentual average true range.

Exploration Code

(copy and paste into the Metastock Exploration Builder):
Column A: c {closing price}
Column B: (ATR(14)/Mov(C,14,E))*100 {atr in percent}
Column C:
Column D:
Column E:
Column F: