Average True Range in Percent

Exploration Description:

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: