|
PureBytes Links
Trading Reference Links
|
I've looked at it and am not sure I completely understand it. If a stock
spikes up your ATR exit is baseed upon the new high. The ATRs a calculated
downward. It can then give you a rather premature exit. From what I see of
the code it bases the new exit on the high from the most recent bar. When
this high is lower, it can mean a lower exit. The only reason it doesn't go
much lower is that the Average True Range is getting smaller. I haven't
broken it down but it is a good idea to combine this exit with others.
Jim Bronke
----- Original Message -----
From: "Chris Evans" <evanscje@xxxxxxxxxxxxx>
To: "Omega List" <omega-list@xxxxxxxxxx>
Sent: Thursday, December 06, 2001 10:34 AM
Subject: Built in ATR stops
> regarding the ATR stops that one can select to add to a system from that
> grand list of prefab signals in TS2000 .. Are they coded correctly? ..
they
> seem to give some odd fills that I can't duplicate if I put what should be
> matching code into the program itself?? Has anyone investigated this?
> Chris E.
> Phoenix AZ
>
|