Difference between revisions of "Volty Expan Close LE"
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(Created page with "Volty Expan Close LE places a long entry Stop order on the next bar at the current close + the percentage of the average true range. <br> This signal generates a long entry...") |
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| − | Volty Expan Close LE places a long entry Stop order on the next bar at | + | Volty Expan Close LE places a long entry Stop order on the next bar at the percentage of the [[Average True Range]] added to the current close. |
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Latest revision as of 16:31, 7 October 2021
Volty Expan Close LE places a long entry Stop order on the next bar at the percentage of the Average True Range added to the current close.
This signal generates a long entry only. Use Volty Expan Close SE for entering a short 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.
