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Jose,
I was applying the "Trailing Stop-ATR Chandelier Exit v3.0"
indicator to EOD chart for NGS and noticed that an Exit Signal (-1)
was given on 8/18/05 (Settings: multi=3, pds=10, pds1=21, plot=1,
adv=0, delay=0).
I expected to see an Entrance Signal (+1) on the next day, 8/19/05
given OHLC was above the "Trailing Stop" plot. However, there wasn't
one.
I think I know why and that is because the "Close" for 8/19/05 does
not "cross" the plot.
Is this the intent of the code or an anomaly? I posted a file
titled, "NGS", that shows the chart, indicator and settings.
Thanks for the help.
Lee
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