Some searches yield false results due to volatility; average true range should be a search parameter
Ryan Pedersen commented
Do you want to measure ATR as a percentage of the price? For instance, find stocks where 1 ATR is less than 5% of the current price. This is only one option, we are open to any other ideas about how to configure this search.
William Darr commented
Volatility can be a problem when designing or revising a search that depends on percent price changes; one can get around this by graphing the search results, but this can be time-consuming when looking at ten candidates returned by each of several Unisearches. If average true range were available in Unisearch>Price>Protrader, much of this time lost could be obviated.