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[amibroker] Truth About Volatility



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I have found the Following Article By Tomasz Janeczko on the Web

Here only Entry & Exit Signal are there.

Can Anybody help me code the short signal& exit & if the Short signal
is added,The correct coding of the Ribbon

Do I construe the Exit signal itself as short signal ?

Regards

Amikid

Article formula follows


LISTING 1
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 );

--Tomasz Janeczko, AmiBroker.com
www.amibroker.com 


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