Explore or Scan by volatility?

E

efex

New Member
#1
#1
Hi,

Does anyone know a way to make an exploration or scan under metastock by the volatiliy of the stock?
I mean to filter by some level (%) of desired volatility?
Anuyone knows a formula or method?
I would really appreciate the help.

Thanks
 
Traderji

Traderji

Super Moderator
#2
#2
efex said:
Hi,

Does anyone know a way to make an exploration or scan under metastock by the volatiliy of the stock?
I mean to filter by some level (%) of desired volatility?
Anuyone knows a formula or method?
I would really appreciate the help.

Thanks
Click to expand...
Try this:

Volatility Indicator%

Lookback := Input("Time Periods",1,1000,50);

HighVolatility := Input("High Volatility %",.01,100,3);

100 * Sum(100 * ATR(1)/CLOSE > HighVolatility, Lookback)/Lookback
 
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