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Can anyone help me with the
indicator I have written for stops.
I have short and long SD
and ATR stops. (Stops are shifted forward)
I only want the long stop to be
displayed on the chart only if it is the lowest of the SD or ATR long
stop
and the short stop to
be displayed on the chart only if it is the highest of the SD and ATR short
stop.
I am using a white
background.
Can anyone help,
please?
Thankyou,
Larry
Lovrencic
/*ATR-SD
Stops Forward by Larry Lovrencic*/
maxgraph=6;
graph0
=close;graph0style=128;graph0color=36;
<FONT color=#000080
size=2>
<FONT color=#000080
size=2>/*Standard Dev Long Stop*/
<FONT color=#000080
size=2>sdls=((ref(low,-1))-(2*(ref(stdev(low,5),-1))));
<FONT color=#000080
size=2>/*Standard Deviation Short
Stop*/sdss=((ref(high,-1))+(2*(ref(stdev(high,5),-1))));
/*Highest
high value of SD long stop*/
sdhhvl
=HHV(sdls,7);graph1=sdhhvl;
<FONT
size=2>/*Lowest low value of SD short
stop*/<FONT color=#000080
size=2>sdllvs=LLV(sdss,7);graph2=sdllvs;
<FONT color=#000080
size=2>graph1style=4+8+16+512;
graph2style=4+8+16+512;graphxspace =
5;
/*Average
True Range Long Stop*/
atrls=(ref(c,-1)-
(1.5*(ref(ATR(5),-1))));
<FONT color=#000080
size=2>/*Average True Range Short
Stop*/atrss=(ref(c,-1)+(1.5*(ref(ATR(5),-1))));
/*Highest
high value of ATR long stop*/
atrhhvl=HHV(atrls,
7);
<FONT color=#000080
size=2>graph3=atrhhvl;
/*Lowest
low value of ATR short stop*/atrllvs=LLV(atrss,
7);
graph4=atrllvs;
<FONT color=#000080
size=2>graph3style=4+8+16+512;
<FONT color=#000080
size=2>graph4style=4+8+16+512;
<FONT color=#000080
size=2>graph1color=iif((sdhhvl)<(atrhhvl),5,2);graph2color=iif((atrhhvl)<(sdhhvl),10,2);graph3color=iif((sdllvs)>(atrllvs),6,2);graph4color=iif((atrllvs)>(sdllvs),11,2);
title = name() + "- SD L Stopwas-" +
writeval(graph1) + "-SD S Stop was-" + writeval( graph2 ) + "- ATR L Stop was-"
+ writeval(graph3) + "- ATR S Stop was-" +
writeval(graph4);
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