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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();
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Helps guarding a profit