ATR Based trailing Stoploss Indicator

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  #1  
Old 15th November 2005, 11:30 PM
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Join Date: Nov 2005
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indianbullbear is on a distinguished road
Arrow ATR Based trailing Stoploss Indicator



Try This ATR Based Trailing Stoploss indicator for Metastock

Bullish SL : HHV((LLV(L,3)-ATR(10)),10);
Bearish SL : LLV((HHV(L,3)+ATR(10)),10);

Use If function with the above where If would be bullish or bearish trend.

Like Say IF(Bullish, Bullish SL, Bearish SL);


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  #2  
Old 16th November 2005, 12:58 AM
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Join Date: Mar 2005
Location: Kolkata
Posts: 495
joy_mitali is on a distinguished road
Default Re: ATR Based trailing Stoploss Indicator

Hello India BullsBear--
Dont try to act act too smart-----
"FORUM MEMBERS---BE AWARE OF ANOTHER MARKETING PERSON"
What u have given----is already available---in Metastock forum----and much more---
Regards,
joy_mitali

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