Volty Expan Close LX

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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.