Volatility Ratio & Normalized ATR

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Volatility Ratio & Normalized ATR

Postby Apprentice » Wed May 26, 2010 4:53 am

Volatility Ratio
VR.png
Volatility Ratio

This ratio is used to identify wide-ranging days.
Wide ranging days are signaled by a Volatility Ratio greater than 2.0.

Identifies
1. Wide-ranging days, signals a likely reversal
2. Price gaps
3. Island Price pattern

Formula
Volatility Ratio = True Range / EMA of True Range for the past n periods
VR.lua
Volatility Ratio
(1.86 KiB) Downloaded 1213 times


MT4/MQ4 version.
viewtopic.php?f=38&t=63770

The indicator was revised and updated
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Apprentice
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Re: Volatility Ratio & Normalized ATR

Postby Apprentice » Wed May 26, 2010 5:05 am

Normalized ATR
Normalized ATR.png
Normalized ATR

The normalized ATR by John Forman expresses the ATR as a percentage of the current closing price. This makes it possible to compare ATR values over long periods where a share price level (and hence the typical daily ranges) have changed greatly.

Formula
NATR = 100 *ATR / Close
Normalized ATR.lua
Normalized ATR
(1.94 KiB) Downloaded 1088 times
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Apprentice
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Re: Volatility Ratio & Normalized ATR

Postby Apprentice » Mon Feb 05, 2018 6:30 am

The Indicator was revised and updated.
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Apprentice
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Re: Volatility Ratio & Normalized ATR

Postby amvt85 » Wed Aug 15, 2018 10:49 am

Apprentice wrote:Volatility Ratio
VR.png

This ratio is used to identify wide-ranging days.
Wide ranging days are signaled by a Volatility Ratio greater than 2.0.

Identifies
1. Wide-ranging days, signals a likely reversal
2. Price gaps
3. Island Price pattern

Formula
Volatility Ratio = True Range / EMA of True Range for the past n periods
VR.lua


MT4/MQ4 version.
viewtopic.php?f=38&t=63770

The indicator was revised and updated


Hello,

Can we get an option to adjust the levels please?

Thank you.
amvt85
 
Posts: 26
Joined: Fri May 02, 2014 2:01 pm


Re: Volatility Ratio & Normalized ATR

Postby amvt85 » Fri Aug 17, 2018 2:15 pm

Apprentice wrote:Try it now.


Aces mate! :)
amvt85
 
Posts: 26
Joined: Fri May 02, 2014 2:01 pm


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