duke56468
683 posts
msg #94094
- Ignore duke56468
modified |
6/20/2010 9:48:45 PM
I'm trying to get something that resembles Sylvain Vanvroots ATR stop superimposed on the price. It is 3.5 times the 5 period ATR ........... ATR(5)3.5 . I must be over complicating it. Tried several versions, how do I get it superimposed on the price?
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Kevin_in_GA
4,599 posts
msg #94095
- Ignore Kevin_in_GA |
6/20/2010 10:03:54 PM
This should be subtracted from the close?
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duke56468
683 posts
msg #94104
- Ignore duke56468 |
6/21/2010 8:08:57 AM
Thanks Kevin, but the price needs to cross above and below the ATR and act like a stop. Can I get it to do that?
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Kevin_in_GA
4,599 posts
msg #94109
- Ignore Kevin_in_GA |
6/21/2010 9:27:35 AM
Coding these types of stops is not easy - why not use the Chandelier exit? While not exactly what Vervoot is doing, it is basically what you are trying to do. Here's an example:
This should give you what you need. I have chosen a look back of thirty days and 3.5 ATR, but you can set it for whatever you want.
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duke56468
683 posts
msg #94115
- Ignore duke56468 |
6/21/2010 10:51:29 AM
Thanks Kevin, I've tried various time frames with Chandelier but it isn't very similar. The closest I have come is the "volatility stop" on freestockcharts.com. Apparently I can get Vervoort on the free version of Ninja Trader, but I didn't want to down load yet another soft wear for only one function.
If you feel it is difficult to do, then I know it's over my head.
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