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Trailing Stoploss ATR for Metastock
Rating:
5 / 5 (Votes 1)
Tags:
metastock, stop loss
ATR trailing stop loss for Metastock
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Indicator / Formula
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PDay := Input("Day of Month" ,1,31,1);
PMonth := Input("Month" ,1,12,1);
PYear := Input("Year",2000,2010,2002);
PATR := Input("Multiple of ATR",1,10,2);
TSE1 := BarsSince(DayOfMonth() = PDay AND Month() = PMonth AND Year() = PYear);
TSE2 := HighestSince(1,TSE1=0,H ) ;
TSE3 := TSE2 - PATR*ATR(15);
HighestSince(1 ,TSE1 = 1 ,TSE3 );0 comments
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