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jawjahtek

Regular
2525
Posts: 55

Joined: 5/29/2006
Location: Snellville, GA

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Subject : RE: Trailing Stop Help Please
Posted : 11/18/2017 7:57 AM
Post #42651 - In reply to #42650

It looks like you want the Chandelier stop as an indicator. Attached is some indicator code that I created in 2014. It does the Chandelier stop(s) as an indicator. I did not write logic to automatically flip between the long and short stop, it is a user option to plot long, both, or short. It may be a good starting point for what you want to do. I do not use it because I do not use trailing stops. Playing with this indicator was one of the things that convinced me that there are better alternatives to trailing stops.
Attached file : Chanedlier Exit as an Indicator.rtf (39KB - 427 downloads)

Deleting message 42651 : RE: Trailing Stop Help Please


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