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#1 Selling Amibroker Plugin featuring:
Average True Range Trailing Stops for Metastock
The formula to implement the average true range (ATR) trailing stop loss method for MetaStock, as described by author Sylvain Vervoort In “Average True Range Trailing Stops” article, is provided below.
Signals are used for exits:
- If in a long position exit (sell) when price crosses below the ATR trailing stop line.
- If in a short position exit (buy) when price crosses above the ATR trailing stop line.
Indicator / Formula
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