ATR Trailing stop

[mikexny]

I need this formula converted from metastock to esignal.. its basically a trailing stop based on ATR. It is supposed to be plotted on the price chart.

For Longs: HHV(H - 1.5*ATR(2),1)

For Shorts: LLV(L + 1.5*ATR(2),1)



Thanks.

[ckryza]

Hi Mike:

Try the attached EFS... I think it is what you are looking for.

Chris

[mikexny]

Great thanks.