# scan for ATR increase by x %

#### GabrielNY

##### New member
Hello! I looked high and low and just about gave up, until I remembered this site, filled with brains and generous code writers.

I'm looking to create a dynamic watchlist/scan.
Simply looking to scan for ATR increase by x % over the last x bars.
For examples sake, one specific scan I'm interested in is for a 50% increase in ATR over the last 1-4 bars on a 5minute TF.

If it's possible to code it and somebody is up for the challenge
Thanks

Last edited by a moderator:
Hello! I looked high and low and just about gave up, until I remembered this site, filled with brains and generous code writers.

I'm looking to create a dynamic watchlist/scan.
Simply looking to scan for ATR increase by x % over the last x bars.
For examples sake, one specific scan I'm interested in is for a 50% increase in ATR over the last 1-4 bars on a 5minute TF.

If it's possible to code it and somebody is up for the challenge
Thanks

Gabriel,

This script plots a signal when the ATR is 50% higher than it was 4 bars ago on a 5 minute chart. The level of increase of the ATR is adjustable and the number of bars ago is adjustable. A chart is attached below.

Code:
``````# ATRisHigher
# Question from GabrielNY on 2-12-24
# places arrow when ATR has increased by 50% or more in last 4 candles on a 5 minute timeframe

input BarsAgo = 4;
input ATRincrease = 0.50;
input ATRlength = 14;
input averageType = AverageType.WILDERS;
input current_agg = AggregationPeriod.FIVE_MIN;

def agg = GetAggregationPeriod() == current_agg;
def ATR = MovingAverage(averageType, TrueRange(high, close, low), ATRlength);

plot ATRup = ATR >= (ATR[BarsAgo] * (1 + ATRincrease)) and agg;

ATRup.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_UP);
ATRup.SetDefaultColor(Color.MAGENTA);
ATRup.SetLineWeight(5);``````

Last edited by a moderator:

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