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Here is the simple ATR-based system.
I can't figure out how to plot the line for the "TrailingStopLong"
only when the candles are green ("LongSignal") and the line for the
"TrailingStopShort" only when the candles are red ("ShortSignal").
With the code below the lines for both stops are plotted together all
the time.
Help appreciated
Lesmond
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LongSignal = C > ( LLV( L, 20 ) + 2 * ATR( 10 ) );
ShortSignal = C < ( HHV( H, 20 ) - 2 * ATR( 10 ) ); //this variable
is not in use in this test
DynamicColour = IIf( LongSignal, colorLime, colorRed);
TrailingStopLong = HHV( C - 2 * ATR(10), 15 );
TrailingStopShort = LLV( C + 2 * ATR(10), 15 );
IIf( LongSignal, Plot( TrailingStopLong, "", 38, 512 ), Plot(
TrailingStopShort, "", 53, 512 ));
Title = Name()+" \\c11"+Interval(format=2)+" "+Date()+"\\c-1 C="+C;
Plot( Close, "", DynamicColour, 64 );
SetChartOptions(0, chartShowDates);
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