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Gentlemen:
I am using a high low indicator to determine trend as well as stops.
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{My buystop is as follows:}
buystop = lh + pad
{where pad is the amount of price movement from the lowest high to enter
a buy and/ or cover a short.}
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I need to adjust it for atr on daily data (data2).
How can I apply this to change the pad in percentage terms relative to the
daily atr over a length of x days without putting the pad out of the present
price range and maintaining the present relationship?
Any help is appreciated.
Thanks,
Don
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