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The example I posted varies the multiplier between 1 and 5. All you
need to do is vary the "mom" to get the relationship you like.
Steve
--- In Metastockusers@xxxxxxxxxxxxxxx, "steve_roweau" <affrica@xxxx>
wrote:
> 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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