Hello for the first time!
I'm not very good at code, but was trying to figure out how to plot a ATR based line below price chart.
I'm pretty proud that I've created something like this:
Now what I would like to change is:
1. add a date selection from which the line will be drawn. I've found sth like this:
but have no skills to make it work
2. Instead of trail-stop line above, I would like it to be drawn horizontally, from a specific date. So basically I'd want to: select a date and plot automatic horizontal line which will work as a permanent Stop Loss Signal from that moment.
3. The last thing, I'm here not just to receive a solution, but to learn how to code, so any additional explanations and comments would be more than welcome
Thank you in advance!
Nigel
I'm not very good at code, but was trying to figure out how to plot a ATR based line below price chart.
I'm pretty proud that I've created something like this:
Code:
ATR_Multiple = Param("ATR Multiple", 2.5, 1, 4, 0.5 );
ATR_Period = Param("ATR Period", 10, 3, 20, 1 );
CalculateATR = C - ATR_Multiple * ATR( ATR_Period );
Plot( CalculateATR,"ATR STOP", colorRed );
Now what I would like to change is:
1. add a date selection from which the line will be drawn. I've found sth like this:
Code:
Start = Cross( DateNum(), ParamDate("Start date", "2016-09-09" ) );
2. Instead of trail-stop line above, I would like it to be drawn horizontally, from a specific date. So basically I'd want to: select a date and plot automatic horizontal line which will work as a permanent Stop Loss Signal from that moment.
3. The last thing, I'm here not just to receive a solution, but to learn how to code, so any additional explanations and comments would be more than welcome
Thank you in advance!
Nigel