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#1 Selling Amibroker Plugin featuring:
Trailing Stoploss for Amibroker (AFL)
Guards profit when trend reverses the direction, it should to overlayed on price chart.
Similar Indicators / Formulas
Indicator / Formula
_SECTION_BEGIN("Stoploss");
no=20;
res=HHV(H,no);
sup=LLV(L,no);
avd=IIf(C>Ref(res,-1),1,IIf(C<Ref(sup,-1),-1,0));
avn=ValueWhen(avd!=0,avd,1);
supres=IIf(avn==1,sup,res);
color=IIf(avn==1,colorPaleGreen,colorOrange);
Plot(supres,"Stoploss",color,styleStaircase|styleThick|styleNoTitle);
_SECTION_END();1 comments
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Helps guarding a profit