### Author Topic: Trailing Stop ATR  (Read 71344 times)

#### morgen

• Newbie
• Posts: 1
##### Trailing Stop ATR
« on: May 18, 2010, 08:54:44 am »
Is there somebody who can put on Wisestocktrader "Trailing Stop ATR" formula, BASED ON " k* ATR" AND " HH AND LL"  FROM 3 DAYS AGO, for AmiBroker?
Thank You!

#### administrator

• Administrator
• Full Member
• Posts: 200
##### Re: Trailing Stop ATR
« Reply #1 on: May 18, 2010, 08:14:11 pm »
I don't have the other trailing stops you asked for but here is the ATR trailing stop loss
Code: [Select]
`// ATR Trailing stop - stevo 2006// When stop line drops exit is triggered.multiplier = Param( "ATR Multiplier", 2, 0, 10, 0.1 );myATR = multiplier * ATR( 15 ); // calculate ATRinitial = C - myATR; // raw stop - not rachetedstop[ 0 ] = Close[ 0 ];for ( i = 1 ; i < BarCount; i++ ){    if ( Close[ i ] > stop[ i - 1] )    {        temp = Close[ i ] - myATR[ i ];        if ( temp > stop[ i - 1 ] )            stop[ i ] = temp;        else            stop[ i ] = stop[ i - 1 ];    }    else        stop[ i ] = initial[ i ];}Plot( stop, "ATR Stop", colorRed, styleLine );Sell = C < Ref( stop, -1 );PlotShapes( IIf( stop < Ref( stop, -1 ), shapeDownArrow, Null ), colorOrange, 0, H );`