Dimitri wrote:Hi to everybody,
I have following idea - request, which can be useful to Exit a Trade or to be used as Trailing Stop ....
There must be an indicator, which will calculate "Eventual Close Price" that would have as a Result the "Moving Average Cross with Prices" ...
I am attaching a screen shot where is used an 34 EMA Moving Average. Suppose that "Bar#0" is not yet closed and "Bar#1" is the last closed Bar. The Requested indicator must calculate the eventual Close Price of "Bar#0" that would comport the cross of MA with prices ....
If anybody has any indicator doing this type of calculation is very very welcome .... Or if Mladen or MrTools could help on this ... Thank you, in any case for your attention.
Best Regards
Dimitri
Hi,Â
mladen and mntiwana have posted some solutions for this in this old topic.
I think that you can use "hilo" for trailing,it has some extra options, but the trailing stops should be set to the high or the low of the bar you choose (the HighLowBar is the bar you wish to use for highs and lows)