Hi,
I've fixed small bug in inputs (double instead int for Kv).

Igor

Attached Files

ATRStops_v1.1.mq4 (3.0 KB, 1042 views)

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thanks Igorad!!!!

@

Kan somebody translate this cmc codec into metratrader 4 codec for me?

it is a automatic system!


Code;

Atr =AverageTrueRange[50](close)
keyofday=(high + low +close)/3
buyeasierday =1
selleasierday=1

if (close> keyofday) then
selleasierday =0
endif

if(close<=keyofday)then
buyeasierday =0
endif

if (buyeasierday =1) then
longEntryPoint=open +atr*0.0
shortEntryPoint=open-atr*0.5
endif

if ( selleasierday =1) then
longEntryPoint=open +atr*0.5
shortEntryPoint=open-atr*0.0
endif

//LongEntry
if close>= longEntryPoint and not longonmarket then
buy 10000 shares at longEntryPoint stop realtime
elsif not longonmarket then

endif

longliqpoint=entryquote-3*atr

//LongExit
if close<longliqpoint and longonmarket then
sell at longliqpoint stop realtime

endif

//ShortEntry
if close<=shortEntryPoint and not Shortonmarket then
sellshort 10000 shares at shortEntryPoint stop realtime
elsif not shortonmarket then

endif

shortliqpoint=entryquote+3*atr

//ShortExit
if close >=shortliqpoint and Shortonmarket then
exitshort at shortliqpoint stop realtime

endif



Indikatorcode;



atr=AverageTrueRange[50](close)
keyofday=(high + low +close)/3
buyeasierday =1
selleasierday=1

if (close> keyofday) then
selleasierday =0
endif

if(close<=keyofday)then
buyeasierday =0
endif

if (buyeasierday =1) then
longEntryPoint=open +atr*0.0
shortEntryPoint=open-atr*0.5
endif

if ( selleasierday =1) then
longEntryPoint=open +atr*0.5
shortEntryPoint=open-atr*0.0
endif

return longEntryPoint as "Long",shortEntryPoint as"Short"

I think it is useless to do the buy/sell easier calcs if you are going to use this:

if (buyeasierday =1) then
longEntryPoint=open +atr*0.0
shortEntryPoint=open-atr*0.5
endif

if ( selleasierday =1) then
longEntryPoint=open +atr*0.5
shortEntryPoint=open-atr*0.0
endif

What difference does it make?

This is a plain vanilla volatility expansion/breakout system.

Hello Maji,

As well (and which for one) that system is not points I is so exact not from me developed, I have only bit changed and tested with the baking test of CMC and the result well out too well and was to be that because of wants I with the MT4 program to also test. Can you help me ?


Greeting.

I believe Igor wrote an EA for the volatility breakout tests. Do a search for it.

Good luck.

Thanks Maji

Bonjour a tous.
I'am new to this forum, and i want to thanks for all the good stuff one can find here.

I'am looking for an EA to modify my sl according to atr. I found some here but no one seems to work on the MT4 last build i use with Ibfx.
Thank again.

Here is the Chandelier Stop Indicator based on ATR volatility range.

Attached Files

ChandelierStops_v1.mq4 (3.7 KB, 562 views)

Merci beaucoup Mangman
i give it a try.