Volty Expan Close SE
From MultiCharts
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.