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True Range Breakout
Convert Free Indicators & System

. To: omega-list@xxxxxxxxxx
. Subject: Convert Free Indicators & System
. From: Visavis <Visavis@xxxxxxxxxxx>
. Date: Sun, 5 Apr 1998 08:35:16 +0800 (PST)
. Resent-Date: Sat, 4 Apr 1998 16:35:45 -0800
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Hi!

Can someone convert the following free indicators & systems which I got from Angus Jackson into ELA format?

Thanks in advance.

Free indicators for Tradestation.


Type : Signal, Name : True Range Breakout

Input
:Period(20);

Condition1=range < Average(range,Period);

{LongEntry}
If Condition1 then Buy at Open of tomorrow + range Stop;

{ShortEntry}
If Condition1 then Sell at Open of tomorrow - range Stop;

 

t-s-True_Range_Breakout.gif
Source / From: TOP
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