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Felipe
There have been a number of posts on the Turtle System in the past. You may
find it helpful to consult them. Whatever magic there is (or was) is in the
risk management and position sizing, not in the breakout formula.
Andrew
-----Original Message-----
From: Roy Larsen [mailto:rlarsen@xxxxxxxxxxxxxx]
Sent: Tuesday, December 28, 2004 2:03 PM
To: equismetastock@xxxxxxxxxxxxxxx
Subject: Re: [EquisMetaStock Group] Metastock code for turtle trading system
Felipe
I think this might be what you are looking for.
ATR(20);
This is the "True Range" smoothed by a 20-period Wilders Smoothing. The
Average True Range function,
ATR(), uses Wilders Smoothing internally. The starting point for a 20-period
Wilders Smoothing is a
20-period simple moving average, and the ratio of new data to previous data
(PREV) for Wilders
Smoothing is 1/n (1/20).
Kind regards
Roy Larsen
www.metastocktips.co.nz
Free formulas and MS links
----- Original Message -----
From: "Felipe de la Fuente" <economy3fff@xxxxxxxx>
To: <equismetastock@xxxxxxxxxxxxxxx>
Sent: Tuesday, December 28, 2004 11:18 PM
Subject: [EquisMetaStock Group] Metastock code for turtle trading system
Hi,
I,m trying to make a code for metastock and I can not continue because I
can,t do this formula code.
Could anyone help me whit the code, please.
Thanks.
Felipe
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