Volty Expan Close LX
From MultiCharts
Volty Expan Close LX places a long exit Stop order on the next bar at the percentage of the Average True Range deducted from the current close.
This signal generates a long exit only. Use Volty Expan Close SX for exiting a short position.
Default Inputs
Length (20) - number of bars used to calculate the average true range.
NumATRs (1.5) - factor used for calculation of the percentage of ATR used to define the price of the stop order.
