Metastock Exploration Formula |
Average Dollar Price Volatility Exploration-Deel |
This exploration is designed to provide the
average dollar price volatility figure in column F.
This will find this figure for all stocks scanned.
It is most useful to apply this just to an exploration
of a small group of stocks. It matches the steps in Deels book The Strategic Electronic Day Trader. |
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| Col C: |
Ref((HIGH-LOW),-2) |
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| Col D: |
Ref((HIGH-LOW),-3) |
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| Col E: |
Ref((HIGH-LOW),-4) |
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| Col F: |
(H - L + (Ref(H,-1) - Ref(L,-1)) + (Ref(H,-2) - Ref(L,-2))+(Ref(H,-3) - Ref(L,-3)) + (Ref(H,-4) - Ref(L,-4))) / 5 |
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