RE: [AmiBroker] Plot ATR trailing stop which only increases

["Mr. Valley" <valleymj@xxxxxxxxxxx>]

Here's one example;

 

/* Volatility Truth */

EntrySignal = C > ( LLV( L, 20 ) + 2 * ATR( 10 ) );

ExitSignal = C < ( HHV( H, 20 ) - 2 * ATR( 10 ) );

Color = IIf( EntrySignal, colorBlue, IIf( ExitSignal, colorOrange, colorGrey50 ));

TrailStop = HHV( C - 2 * ATR(10), 15 );

ProfitTaker = EMA( H, 13 ) + 2 * ATR(10);

/* plot price chart and stops */

Plot( TrailStop, "Trailing stop", colorBrown, styleThick | styleLine );

//Plot( ProfitTaker, "Profit taker", colorLime, styleThick );

Plot( C, "Price", Color, styleBar | styleThick );

/* plot color ribbon */

Plot( 1, "", Color, styleArea | styleOwnScale | styleNoLabel, -0.1, 50 );

 

 

-----Original Message-----
From: amibroker@xxxxxxxxxxxxxxx [mailto:amibroker@xxxxxxxxxxxxxxx]On Behalf Of amickan1958
Sent: Thursday, November 22, 2007 12:39 AM
To: amibroker@xxxxxxxxxxxxxxx
Subject: [amibroker] Plot ATR trailing stop which only increases

Hi,

I've been trying to crack this one but can't seem to. What I need is a
plot of my trailing stop. The stop is based on a multiplier of todays
ATR(30) value. This stop only ever increase.

Can anyone help me out with some code please?

Thanks

Andrew

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