I have some good news!...


I managed to program this "average daily range value" into metastock into an indicator that goes back in historie (the shape of the indicator looks like the ATR indicator with parameter 1 but offcourse the values are different). So that means that one can do backtesting with it.
I gonna ask Ogeima if he can do the same for this indicator in MT4.0.
Only the top and bottoms were we will use the trailing stop can give us problems in MT4.0 or could give me problems in Metastock.
I will have to work with "Highest High since" and "lowest low since"...(not emmidiatly the sort of function that I'm used to work with)...
But I'll se what I can do...
But the indicator itself should not give any problems so we could do some manual backtesting

regards... iGoR