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Direct MessagesDate/Time: Thu, 26 Sep 2024 23:33:51 +0000
[User Discussion] - volatility stop indicator
View Count: 1789
| [2016-01-24 13:46:12] |
| User60518 - Posts: 106 |
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Hi - is there a volatility stop indicator available? The formula could be something like this: When Up Trend Detected.... VSTOP = CL - MULT * TR As Up Trend Continues.... VSTOP = MAX(VSTOP.1, MaxCL - MULT * TR) When Down Trend Detected.... VSTOP = CL + MULT * TR As Down Trend Continues.... VSTOP = MIN(VSTOP.1, MinCL + MULT * TR) Where... CL = Closing Price MULT = True Range Multiplier TR = True Range VSTOP.1 = Volatility Stop Value on Previous Bar MaxCL = Maximum Closing Price since Up Trend Began MinCL = Minimum Closing Price since Down Trend Began Trend reverses between up and down when Closing Price crosses VSTOP. |
| [2016-01-25 05:36:12] |
| User60518 - Posts: 106 |
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Sorry, should rephrase as don't want this as a discussion - was a question to support - is there a study for Volatility Stop?
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