adaptick intellistop buy2&short2
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DESCRIPTION
Adaptive Stop loss for trading.TRANSCRIPT
Adaptick IntelliStop Buy2stoppercent:=Fml("zAdaptick - Probing Index Close Long") * Fml( "zAdaptick - ATR Volatility")* 2 * (1.4-Fml( "zAdaptick - Up Volatility"));x:=L*(1-stoppercent);If(L>=PREV,Max(PREV,x),x)----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------zAdaptick - Probing Index Close LongProbe:= HIGH-Fml("zAdaptick - Body Top");ProbeBar:=probe/C >=.025;Count:=ROC(Cum(probebar),20,$);If(count>=3,0.25,If(count=2,0.50,If(count=1,.75,1)))-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------zAdaptick - Body TopIf(White(),C,If(Black(),O,C))---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------zAdaptick - ATR Volatility(ATR(9)/C)-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------zAdaptick - Up VolatilityDn:=If(HRef(H,-1),Max(Ref(H,-1)-L,H-Ref(L,-1))));UpContribute:=Stdev(up,20);DnContribute:=Stdev(dn,20);total:=If(UpContribute+DnContribute>0,UpContribute+DnContribute,1);UpPercent:=UpContribute/total;uppercent----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------Adaptick IntelliStop Short2stoppercent:=( Fml("zAdaptick - Probing Index Cover Short") * Fml( "zAdaptick - ATR Volatility")*2) * (1.4-Fml( "zAdaptick - Down Volatility"));x:=H*(1+stoppercent);If(H=.025;Count:=ROC(Cum(probebar),20,$);If(count>=3,0.25,If(count=2,0.50,If(count=1,.75,1)))-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------zAdaptick - Body BottomIf(White(),OPEN,If(Black(),C,O))-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------zAdaptick - Down VolatilityDn:=If(HRef(H,-1),Max(Ref(H,-1)-L,H-Ref(L,-1))));dnContribute:=Stdev(dn,20);upContribute:=Stdev(up,20);total:=If(UpContribute+DnContribute>0,UpContribute+DnContribute,1);DnPercent:=DnContribute/total;dnpercent-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------