Difference between revisions of "Volty Expan Close SE"
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− | Volty Expan Close SE places a long entry Stop order on the next bar at the percentage of the | + | 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. |
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Revision as of 16:30, 7 October 2021
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.
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.