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Jim
This may work. When the line drops the stop has been triggered. You
may vary it by using the HHV method, but this is my preferred method.
ATRpd:=Input("Periods for ATR",2,200,10);
Mpd:=Input("Momentum periods",1,200,26);
mom:=(Mo(Mpd)-100)/10;
multi:=If(Mo(Mpd)<110,2,If(Mo(Mpd)>150,5,mom));
SL:=C-multi*ATR(ATRpd);
If(C<PREV,SL,If(SL>PREV,SL,PREV))
{The idea being that the stop cannot go down, only up, until the
close is less than the ATR stop}
--- In Metastockusers@xxxxxxxxxxxxxxx, "jimbeauman2000"
<jimbeauman2000@xxxx> wrote:
> Hi,
>
> I would like to create a variable ATR stop using momentum but not
too
> sure where to start.
>
> For example, if momentum is say 10 then the multiplier of the ATR
stop
> I'd like set at 2 and if the mometum is 50 the multiplier of the
ATR stop
> set at 5.
>
> Varying the muliplier between these two values ie if mom = 10 to 50
the
> ATR varies between 2 to 5.
>
> multi:=??
> HHV(H - multi*ATR(10),10)
>
> Thank You
>
> Jim
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