mrtools wrote: Sat Jan 21, 2023 1:01 pm
Not able to test if it works or not, but fairly confident. that it should. Made an ea version of the indicator to make it easier to call, it needs to be in your indicator folder for the EA to work.
This indicator is an interesting bit, amazing stuff.
Now attached AllAverages v3.1 and v4.9
Lets say we use the attached indicators as a Expert Trailing stop, then we have dozens of options.
The one indicator v4.9 has the ATR function built into it which uses a BAND, but does not have a colored function for bull/bear trends.
v3.1 does not use a band and does not have the ATR function but has a colored function for Bull/Bear trends,
Idea > Use v4.9 with the ATR function but without the bands, add a color function for the trends. Also add a trailing stop value in points so we have the Moving average, the "RISK" function and a trailing stop with the moving average trailing stop.
essentially IMO this would be the ultimate EA trailing stop
Hope this helps,
