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A general formula is
RANGE=(RANGE * (N-1) + HIGH _ LOW) / N
Short Stop = LOWEST CLOSE + RANGE * C
Long Stop = HIGHEST CLOSE - RANGE * C
Were N is the number of bars and C is a Multiplier Constant. For my own
part, I use
N = 8
C = 2
I only use VOL stops as a indicator, however. I rely somewhat more on
Parabolic Stops but I don't use either as the ultimate decision tool.
--PJS
RON JONES wrote:
>
> JFB...
> What are the tools for determining the trigger for a
> 'volativity based stop'?
> tx
> rj
> <ronjones@xxxxxxxxxxx>
>
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