BullCharts : Welles Wilder Volatility Stop

Welles Wilder Volatility Stop : If the stop setting is < 'less...

Fri, 04 Dec 2020 02:10:08 +0000

Author: maximo
Subject: 1021
Posted: 04 Dec 2020 at 2:10am

If the stop setting is < 'less than' 3, the minimum lookback bars used in calculation is 7 bars. This is also the smallest number of bars for 3x ATR. Higher ATR values will calculate with more bars than 7.

Welles Wilder Volatility Stop : Hi Maximo, I know this post is...

Thu, 26 Nov 2020 15:24:21 +0000

Author: meldeans
Subject: 1021
Posted: 26 Nov 2020 at 3:24pm

Hi Maximo, I know this post is old now but i am new to it. I understand this stop is 3 x ATR but i don't know what ATR period length is. Is it 7 periods or some other number??? I don't understand the code.

Thanks

Dean

Welles Wilder Volatility Stop : { Wilder Volatility Stop Trail...

Thu, 22 Feb 2018 16:54:48 +0000

Author: maximo
Subject: 1021
Posted: 22 Feb 2018 at 4:54pm

{ Wilder Volatility Stop Trail }
[Target=price]
Mult:=Input("ATR Multiplier",3,1);
Nb:=if(Mult<3,7,Int(Mult*2+1));
Long :=Ref(HHV(C,Nb),-1) - (Ref(ATR(Nb),-1)*Mult);
Short:=Ref(LLV(C,Nb),-1) + (Ref(ATR(Nb),-1)*Mult);
trail:=
If(C>PREV and Ref(C,-1)>PREV, Max(PREV,Long),
If(CIf(C>PREV, Long, Short)));
Trail;
[linestyle=pricecolor]
[color=rgb(0,174,0)] if(C>=Trail,1,0);
[color=rgb(255,85,85)] if(C