westvleteren Posted May 7, 2014 Report Posted May 7, 2014 I found while tersting that the ATRTrailingStop indicator for Ninja is producing strange plottings. This applies to both V1 and V2 of the indicator. This indicator was mentioned here on II and apparantly some people might use it. I compared to two other ATR trailing Stop indicators 1- The N@vi one 2- From GreatTradingSystems dot com Please see this chart and draw your own conclusions http://[email protected]/file/tr8xqb @=a If anyone can recommend a good ATR Trailing Stop indicator superior to the two indiators mentioned above? tryitagainmf 1
Spectral_Analyst Posted May 7, 2014 Report Posted May 7, 2014 Chuck LeBeaus Chandelier stop loss method is based on the ATR indicator also. Take a look: http://www.remisiers.org/cms_images/guppyspeaks/ATR_CHANDELIER_VOLATILITY_EXIT_MANAGEMENT.pdf Someone needs to code it from scratch. Logically setting up SL based on Current realized volatility, Histrocial & Implied volatility is the the best thing to do to stay insured against sudden whipsaws with a higher degree of certainty. A detailed discussion about Lebeaus methods could be found on ET forum.
tryitagainmf Posted May 7, 2014 Report Posted May 7, 2014 Chuck LeBeaus Chandelier stop loss method is based on the ATR indicator also. Take a look: http://www.remisiers.org/cms_images/guppyspeaks/ATR_CHANDELIER_VOLATILITY_EXIT_MANAGEMENT.pdf Someone needs to code it from scratch. Logically setting up SL based on Current realized volatility, Histrocial & Implied volatility is the the best thing to do to stay insured against sudden whipsaws with a higher degree of certainty. A detailed discussion about Lebeaus methods could be found on ET forum. Or...see if this is what you want... http://www.sendspace.com/file/2uxu2r Cheers! Mick Nukem, ⭐ whinny, Spectral_Analyst and 7 others 10
Spectral_Analyst Posted May 7, 2014 Report Posted May 7, 2014 Or...see if this is what you want... http://www.sendspace.com/file/2uxu2r Cheers! Mick Wow that was quick, tnx bro, need to test it in live markets. tryitagainmf 1
tradernate Posted May 7, 2014 Report Posted May 7, 2014 See if this one works...I use it but in a dll form....hoping the cs works http://www.sendspace.com/file/aqeocc Wow that was quick, tnx bro, need to test it in live markets. ⭐ whinny and Spectral_Analyst 2
newbie0101 Posted November 2, 2014 Report Posted November 2, 2014 Hi atd--I think this is the chandelier stop shared in post #3(Thanks Mick) https://www.sendspace.com/file/8n2emz Hope helps atd, Traderbeauty and tryitagainmf 3
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