ceyhun

ATR Trailing Stop by ceyhun

Same coding only coloring and information panel was added.

CDC ATR Trailing Stop V2.1 (2013)

//Barcolor
Green = Trail1 > Trail2 and close > Trail2 and low > Trail2
Blue = Trail1 > Trail2 and close > Trail2 and low < Trail2
Red = Trail2 > Trail1 and close < Trail2 and high < Trail2
Yellow = Trail2 > Trail1 and close < Trail2 and high > Trail2
//It gives White color where there is deterioration.

//InfoPanel
Buy Price = Blue draws the circles at the purchase price.
Profit Long>20 = Risk level taken as a percentage, I got the highest 20%, you can determine as you wish.
Sell Price = Red draws the circles at the purchase price.
Profit Short>20 = Risk level taken as a percentage, I got the highest 20%, you can determine as you wish.


Release Notes: bugs fixed
Remove from Favorite Scripts Add to Favorite Scripts

Comments

Ceyhun, I have been testing your strategy on Forex for a couple of weeks now and have o say it has improved my trading results significantly. I am very impressed with the accuracy of your signals. Just hope this continues. Thank you very much for sharing. I dont suppose you have considered creating an algo using this code?
Reply
@No_8, thank you
my favorite and most used indicator.
Reply
Wow the logic for Trail1 and Trail2 was the most "elegant" I have ever seen. Thank you, Thank you, Thank you for the tip
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ceyhun Pbull
@Pbull, thank you
Reply
Thank you brother for sharing nice indicator for our knowledge.

kindly share your MovSR indicator for helping more.
Reply
ceyhun umer_salim
@umer_salim Coming soon.
the under construction
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Hi, How to move info panel to left side of the chart,the current candles overlapping info panel
Reply
Thank you. I will try to convert into AFL.

Your ATR code is generating fabulous BUY/sell signal. do you have any script to scan the equity list for buy /sell signal based on your ATR trailing.
Reply
VERY NICE!!!!
however the box is interrupting the signal visual band . pl suggest how to remove it. Do you the same in AFL

wonderful. code
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