Toby Crabel's ORB

AJAY

Active Member
#3
Hi Max3001 / Srichakra,

This strategy has got two way trade model. And in the link given, there is silence with regard to stop loss point.

In case you want the value that is to be added to the next day's open or subtracted from the next day's open , then this is the formula.

Mov(If((H-O)>(O-L),(O-L),(H-O)),10,S)

Hope you understood. In case you want further support or if you find anything wrong with your values against the given formula values, please post.

Happy Practicing Technicals

Ajayakumar
 
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