Volatility% Indicator

Volatility% Indicator
You can easily create% volatility indicator of William Brower article in MetaStock for Windows. First choose Indicator Builder from the Tools menu in MetaStock. Next choose New and enter one of the following formulas:
Formula for 6,5 MetaStock
Volatility%
Lookback: = Input ("periods", 1,1000,50);
HighVolatility: = Input ("High Volatility%" .01,100,3);
100 * sum (100 * ATR (1) / CLOSE> HighVolatility, Lookback) / Lookback