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Indicator code for trailing stop

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maximo View Drop Down
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Post Options Post Options   Quote maximo Quote  Post ReplyReply Direct Link To This Post Topic: Indicator code for trailing stop
    Posted: 03 Mar 2012 at 12:23am

Yes that is for both Initial stop and trailing stop.

You're welcome.

 

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wombat40 View Drop Down
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Post Options Post Options   Quote wombat40 Quote  Post ReplyReply Direct Link To This Post Posted: 02 Mar 2012 at 2:43pm
Thanks buddy.
                 Now can that be used as Initial stop ...or trailing stop on the charts?  Is it the same code for both, or that is the trailing stop?

Appreciate the help
     
...mark
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Post Options Post Options   Quote maximo Quote  Post ReplyReply Direct Link To This Post Posted: 01 Mar 2012 at 3:51pm
Hey mark,
 
This should do it.
 

[lineStyle=Solid; Target=Price]

n := input("Lookback periods",8,0);

hshift := input("Horizontal shift",1);

[color=steel blue]

hist(Lowest(L,n),hshift);

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Post Options Post Options   Quote wombat40 Quote  Post ReplyReply Direct Link To This Post Posted: 28 Feb 2012 at 7:26pm
Gday there,
                  Im using a trailing stop, and also an initial stop in bullcharts/ tradesim scans that works ok in tradesim system ,

Initial stop =  hist(lowest(L,8),1)

Trailing stop = Close<hist(lowest(L,8),1)   

But i want to code it so that i can use it as a indicator when viewing the results on charts...ie formula to make it a indicator..and be able to change the period etc

Just inquiring if anyone knows how to do this.?

cheers...mark
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