Hi Bob,
Sorry there was some mistake while
copying. Shall be thankful if it could be converted into
AFL.
The correct metastock formula is as under
:
Stop1:=If( PREV < L,
If(( H - 4.5*ATR(21)
) >= PREV,
( H - 4.5*ATR(21) ),
PREV),
( H - 4.5*ATR(21)
));
Stop2:=If( PREV < L,
If(( C - 3.5*ATR(21)
) >= PREV,
( C - 3.5*ATR(21) ),
PREV),
( C - 3.5*ATR(21)
));
StopLong:=If(Stop1>Stop2,Stop1,Stop2);
Stop1:=If( PREV > H,
If(( L + 4*ATR(21) )
<= PREV,
( L + 4*ATR(21) ),
PREV),
( L + 4*ATR(21) ));
Stop2:=If( PREV > H,
If(( C + 3.5*ATR(21)
) <= PREV,
( C + 3.5*ATR(21) ),
PREV),
( C + 3.5*ATR(21)
));
StopShort:=If(Stop1<Stop2,Stop1,Stop2);
If( ((Year()<=2008) OR (Year()=2009 AND
Month()<=04 AND DayOfMonth()<=31)),
If((BarsSince(L<Ref(StopLong,-1))>BarsSince(H>Ref(StopShort,-1))
),StopLong,StopShort),C);
Thanks and regards
perumal
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