: Forum The Average High-Low Volatility measure performs better than the ATR

04/11/2019 at 6:13 PM #96155

Bard

Hi Nicolas,

Thanks for coding this indicator. I’m not sure it’s going to act as a Stop though because price rarely appears to be hitting the two lines?
Please see image: US 500 — 4 Hrs.
Crosshair is on the 4th Dec 2018, 16.00pm

//Period = 22

AveVol = average[Period](range)

KaufmansVolLongStop = Low[0]-avevol
KaufmansVolShortStop = avevol+High[0]

Return KaufmansVolLongStop as "Kaufman's Long Volatility Stop", KaufmansVolShortStop as "Kaufman's Short Volatility Stop"

//Period = 22

AveVol = average[Period](range)

KaufmansVolLongStop = Low[0]-avevol

KaufmansVolShortStop = avevol+High[0]

Return KaufmansVolLongStop as "Kaufman's Long Volatility Stop", KaufmansVolShortStop as "Kaufman's Short Volatility Stop"

I looked into this some more. On Trading View: https://www.tradingview.com/script/oRK5JwIm-Volatility-Stop/

it’s also coded as one line that intersects price and is coloured red and green: Pls see the code and image on Trading View.

Be interesting to test this and compare to the Kase Dev Stop.

Cheers!

Bard

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