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Re: Built in ATR stops



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yes, just look at the code. It takes care of itself. you don't have to do
anything except optimize it.

Jim Bronke
Phoenix, AZ



----- Original Message -----
From: "Chris Evans" <evanscje@xxxxxxxxxxxxx>
To: "Omega List" <omega-list@xxxxxxxxxx>; "Jim Bronke" <jvbronke@xxxxxxxx>
Sent: Friday, December 07, 2001 8:52 AM
Subject: Re: Built in ATR stops


: yes that is what it does .. It is similar to Chuck Lebeau's "Chandelier"
: stops .. the question is : Is the program for these stops taking into
: account current bar highs and lows and executing orders based on those too
: .. so that one would be forced to watch for new intra-day hi's/lows and
: severe reversals from those new levels?
: ----- Original Message -----
: From: "Jim Bronke" <jvbronke@xxxxxxxx>
: To: "Chris Evans" <evanscje@xxxxxxxxxxxxx>; "Omega List"
: <omega-list@xxxxxxxxxx>
: Sent: Thursday, December 06, 2001 8:08 PM
: Subject: Re: Built in ATR stops
:
:
: > 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
: > >
: >
: