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Volatility Stop II
Trailing Stop - Codes

. To: metastock@xxxxxxxxxxxxx
. Subject: Trailing Stop - Codes
. From: "Ian Burgoyne" <iburgy@xxxxxxxxxxx>
. Date: Tue, 11 Apr 2000 13:48:39 EST
. Reply-To: metastock@xxxxxxxxxxxxx
. Sender: owner-metastock@xxxxxxxxxxxxx

Thanks for all the responses to the question I posed on a trailing stop. They were very helpful. Below is the code for the indicators I used in the chart I posted last week. I've also included the code author's name so if it is incorrect please advise.
Ian

Volatility Stop II

{ LONG (Chande & Kroll) (code supplied by HHP)}
Pds1:= Input("ATR Lookback?",2,100,10);
Mult:= Input("ATR Multiplier?",1,20,3);
Pds2:= Input("HHV Lookback?",2,100,20);
PrelimStop:= HHV(H,Pds1) - ATR(Pds1)*Mult;
ActualStop:= HHV(PrelimStop,Pds2);
ActualStop

 

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