In this complete system Jim Berg uses the volatility indicator 2 times the ATR 10 periods by default, for the entry signal as well as the trailing stop.
He also uses it to produce a takeprofit line on the chart (the small violet points) to indicate when prices have moved up suddenly. This can be a signal to take profits before a possible pullback to more normal price movements. The system is set up for long trades only.
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//PRC_ATR Volatility Jim Berg | indicator //23.03.2020 //Nicolas @ www.prorealcode.com //Sharing ProRealTime knowledge // --- settings ATRmult = 2 //ATR multiplier // --- end of settings // ATR trailing stop line iATR = averagetruerange[10] vel1 = Close - ATRmult*iATR temp = 0 for j = 0 to 14 do temp = Max(temp,vel1[j]) next vel = temp // velocity points if Close> lowest[20](low) + ATRmult*iATR then trend = 1 vel3 = average[13,1](high) + ATRmult*iATR endif if Close < highest[20](high) - ATRmult*iATR then trend = -1 vel3 = average[13,1](low) - ATRmult*iATR endif if trend = 1 then drawcandle(open,high,low,close) coloured(0,255,0) else drawcandle(open,high,low,close) coloured(255,0,0) endif return vel style(line) as "Trailing stop ATR" , vel3 coloured(238,130,238) style(point,3) as "Velocity points" |
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Bjr, j ai lu effectivement que le système était long only, mais je crois qu on peut aussi l utiliser a l inverse, je pense l avoir lu sur une autre page ou l on donnait le codage pour différentes plateformes
En tout cas encore merci