StockFetcher Forums · Filter Exchange · ATR BAND Filter by four and durgin<< >>Post Follow-up
ron22
255 posts
msg #151935
Ignore ron22
4/27/2020 6:56:40 PM

Is it possible to track the number of consecutive days A) closing price is above and below the upper ATR line and B) closing price is above and below MA14? I would greatly appreciate it if someone would please add these 4 counts to this filter. Thank you very much. Ron


Fetcher[
/* ATR BAND FILTER */
draw ma(14)
set{ tmp , atr(14)}
set{ line_upper, ma(14) + tmp }
set{ line_lower, ma(14) - tmp }


draw line_upper on plot close
draw line_lower on plot close

do not draw Keltner bands

close above 20
volume above 20000000
]



Mactheriverrat
3,135 posts
msg #151937
Ignore Mactheriverrat
4/27/2020 7:21:43 PM

Interesting code there .

Cheese
1,374 posts
msg #151938
Ignore Cheese
modified
4/27/2020 8:11:54 PM

@ron22,
Is this what you are looking for?

Fetcher[
/* https://www.stockfetcher.com/forums/Filter-Exchange/ATR-BAND-Filter-by-four-and-durgin/151935 */
/* ATR BAND FILTER */
/* code by Cheese 4/27/2020 8:11:54 PM */

draw ma(14)
set{ tmp , atr(14)}
set{ line_upper, ma(14) + tmp }
set{ line_lower, ma(14) - tmp }


draw line_upper on plot close
draw line_lower on plot close

do not draw Keltner bands

close above 20
volume above 20000000

chart-time 5 months
set{above_line_upper,days( close is BELOW line_upper ,252)}
set{below_line_upper,days( close is ABOVE line_upper ,252)}
add column above_line_upper {above_line_upper}
add column below_line_upper {below_line_upper}
PlotType{above_line_upper,zerobar}
PlotType{below_line_upper,zerobar}
draw above_line_upper
draw below_line_upper
set{diff_line_upper, above_line_upper - below_line_upper}
draw diff_line_upper line at 0

set{above_ma14,days( close is BELOW ma(14) ,252)}
set{below_ma14,days( close is ABOVE ma(14) ,252)}
add column above_ma14 {above_ma14}
add column below_ma14 {below_ma14}
PlotType{above_ma14,zerobar}
PlotType{below_ma14,zerobar}
draw above_ma14
draw below_ma14
set{diff_ma14, above_ma14 - below_ma14}
draw diff_ma14 line at 0
]




ron22
255 posts
msg #151940
Ignore ron22
4/27/2020 10:25:20 PM

@Cheese, That is exactly what I was looking for. Thank you very much and Good Trading! Ron

xarlor
562 posts
msg #151942
Ignore xarlor
4/28/2020 9:29:31 AM

Nice filter ron22! Trying to identify possible trading strategies and came up with a quick swing trade. I wish SF still had the backtesting function.

Fetcher[
/* Enter long when close crosses above lower line. Exit if close below lower line or above ma(14). */

/* ATR BAND FILTER */
draw ma(14)
set{ tmp , atr(14)}
set{ line_upper, ma(14) + tmp }
set{ line_lower, ma(14) - tmp }


draw line_upper on plot close
draw line_lower on plot close

do not draw Keltner bands

close above 20
volume above 20000000

set{long1,count(close crossed above line_lower,1)}
set{long2,count(high below ma(14),1)}
set{LONG,long1 * long2}
LONG > 0
]



ron22
255 posts
msg #151945
Ignore ron22
4/28/2020 6:23:04 PM

@xarlor, I hope that the swing trade strategy works out for you. Using the lower line for an exit is smart. The lower line can act as support.

StockFetcher Forums · Filter Exchange · ATR BAND Filter by four and durgin<< >>Post Follow-up

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