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Indicator for the SMA of the ATR

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    Indicator for the SMA of the ATR

    Can any one lend me a hand in constructing a regression channel. I'm looking to have two variables: a multiplier (mx) and a period (pd).

    I'm looking to construct and upper channel line, center line, lower channel line.

    Where:

    UpperChannel = The SMA(Close[0], pd) + (the SMA(pd) of the ATR(pd) multiplied by mx)
    Center channel = SMA(Close[0], pd)
    LowerrChannel = The SMA(Close[0], pd) - (the SMA(pd) of the ATR(pd) multiplied by mx)

    #2
    Hello,

    I will let your fellow traders chime in and help.

    Be sure you search the forum for a similar indicator before you build a new one.
    DenNinjaTrader Customer Service

    Comment


      #3
      Originally posted by pureporsche View Post
      Can any one lend me a hand in constructing a regression channel. I'm looking to have two variables: a multiplier (mx) and a period (pd).

      I'm looking to construct and upper channel line, center line, lower channel line.

      Where:

      UpperChannel = The SMA(Close[0], pd) + (the SMA(pd) of the ATR(pd) multiplied by mx)
      Center channel = SMA(Close[0], pd)
      LowerrChannel = The SMA(Close[0], pd) - (the SMA(pd) of the ATR(pd) multiplied by mx)
      you can try this
      Attached Files

      Comment


        #4
        Roonius - you're a star!
        Thanks mate!
        Just the thing to get me started!

        Comment

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