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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 );
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