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Volty Expan Close SE: Difference between revisions

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Volty Expan Close SE places a long entry Stop order on the next bar at the percentage of the [[Average True Range]] deducted from the current close.  
Volty Expan Close SE places a short entry Stop order on the next bar at the percentage of the [[Average True Range]] deducted from the current close.  


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Latest revision as of 12:59, 29 March 2022

Volty Expan Close SE places a short entry Stop order on the next bar at the percentage of the Average True Range deducted from the current close.


This signal generates a short entry only. Use Volty Expan Close LE for entering a long position.

Default Inputs

Length (20) - number of bars used to calculate the average true range.

NumATRs (.75) - factor used for calculation of the percentage of ATR used to determine the price of the stop order.