[EquisMetaStock Group] anyone know how to plot a trailing stop only while in a trade?

["mfsloane" <mfsloane@xxxxxxxxxxxxxx>]

I have an indicator that plots a trailing stop; it references other 
indicators, so it knows when I am in a trade or out of trade; to 
date I have been happy with an IF statement that effectively says:
IF("IN A TRADE", PLOT TRAILING STOP, otherwise PLOT LOW)

I can drop this onto a chart and it doesn't stuff up the scaling 
because the LOW plot is within range (if you have it plot "zero" 
when not in a trade, the result is not pretty).

I can colour it gray and ignore this line that hangs under the lows 
(or above the highs for a short), but it does get in the way a 
little bit and I would really prefer that it wasn't there.

Does anyone know if it is possible to plot an indicator that "STOPS" 
and "STARTS" without having to revert to either zero, or the low of 
the day (or similar) when it is not required to be there?

i.e. is there any way to code an indicator that will do:
IF("IN A TRADE", PLOT TRAILING STOP, otherwise do not plot anything).

Any guidance will be gratefully received.

Thanks,
Mike





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