Monday, July 3, 2017

yogi_Compute True Range (max of Hig-Low abs(High-Closeyest) abs(Low-Closeyest)) for a Ticker Symbol

Google Spreadsheet   Post  #2197
Yogi Anand, D.Eng, P.E.      ANAND Enterprises LLC -- Rochester Hills MI     www.energyefficientbuild.com.   Jul-03-2017
question by Tommy Schaefer:
https://productforums.google.com/forum/?utm_medium=email&utm_source=ba_notification#!topic/docs/gENldwEI040;context-place=forum/docs
Calculating Average True Range with Google Finance

I was wondering if anyone figured out how to calculate Average True Range (ATR) using Google's finance function. I have figured out (I believe) how to calculate the True Range with this:

True Range =max((GoogleFinance(ticker,"high")-GoogleFinance(ticker,"low")), ABS(GoogleFinance($A2,"high"))-GoogleFinance(ticker,"closeyest"), ABS(GoogleFinance(ticker,"low"))-GoogleFinance(ticker,"closeyest"))

However, I'm drawing a blank on how to do the same calculation for the previous 13 days. Essentially I want to know the ATR for a ticker over 14 days without having to store the True Range for all 14 days. I'd rather the cell just do all the calculations and displayed the ATR. Can anyone help??

Thanks!

2 comments:

  1. I copy/past this formula.
    the results are not ATR.
    it seems like MAX of TR for the 14 days. but it is not ATR

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