// Downloaded From https://www.WiseStockTrader.com function trends_func(resistance) { trends = (H+L)/2; // initialize support = (H+L)/2; // initialize for( i = 4; i < BarCount; i++ ) { // support prev = support[ i - 1 ]; if (L[ i ] >= L[ i - 2 ] AND L[ i - 1 ] >= L[ i - 2 ] AND L[ i - 3 ] >= L[ i - 2 ] AND L[ i - 4 ] >= L[ i - 2 ]) { support[ i ] = L[ i - 2 ]; } else if (L[ i ] > H[ i - 1]*1.0013) { support[ i ] = H[ i - 1 ]*0.9945; } else if (L[ i ] > prev*1.1) { support[ i ] = prev*1.05; } else { support[ i ] = prev; } // trends prev = trends[ i - 1 ]; if (H[ i ] > prev AND H[ i - 1 ] > prev) { trends[ i ] = Max(prev,support[ i ]); } else if (H[ i ] < prev AND H[ i - 1 ] < prev) { trends[ i ] = Min(prev,resistance[ i ]); } else if (H[ i ] > prev) { trends[ i ] = support[ i ]; } else { trends[ i ] = resistance[ i ]; } } return trends; } // AFL code by E.M.Pottasch, 12/28/2010, // idea from: http://stocata.org/metastock/stop_trail_trends.html atrfact = Param("atrfact",2, 1, 10, 0.1); period = Param("period",10, 1, 100, 1); HiLo = IIf(H-L<1.5*MA(H-L,period),H-L,1.5*MA(H-L,period)); Href = IIf(L<=Ref(H,-1),H-Ref(C,-1),(H-Ref(C,-1))-(L-Ref(H,-1))/2); Lref = IIf(H>=Ref(L,-1),Ref(C,-1)-L,(Ref(C,-1)-L)-(Ref(L,-1)-H)/2); diff1 = Max(HiLo,Href); diff2 = Max(diff1,Lref); ATRmod = Wilders(diff2,period); loss = atrfact*ATRmod; resistance = C + loss; // calculate trends trends = trends_func(resistance); SetChartBkColor( ParamColor("ColorBG", ColorRGB( 0, 0, 0 ) ) ); GraphXSpace = 5; SetChartOptions(0, chartShowDates); Plot(IIf(trends > C,trends,Null),"\ntrailShort",ParamColor("ColorTrailShort",ColorRGB(255,0,0)),styleStaircase); Plot(IIf(trends < C,trends,Null),"\ntrailLong",ParamColor("ColorTrailLong",ColorRGB(0,255,0)),styleStaircase);