Berlin, Europe
Market Wizard
Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker: Interactive Brokers
Trading: Keyboard
Posts: 9,888 since Mar 2010
Thanks Given: 4,242
Thanks Received: 27,103
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Sorry, nearly forgot to complete the indicator. It has become another type of trailing stop, quite promising though.
Here are the changes that I made
-> separate periods can be selected for the moving average and the standard deviation
-> added an option to select from median and 28 different moving averages
-> calculation of moving average is done for the prior bar, same applies to volatility
-> paint bars and sound alerts added
The indicator is ready for testing. Please let me know, if you wish to test it, and I will send it via private message.
I will publish the indicator in the download section, after the tests.
and with different settings:
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