I'm using Amibroker 5.10. I'm writing code to set a trailing stop at 3* ATR. I'm trying to plot 3 *ATR as a line to see this, yet I'm unable to plot it after checking references and modifying the code. The code worked fine using the ApplyStop for a 7% trailing stop. I commented it out to use the 3*ATR. Also, green buy arrows and red sell arrows showed okay. I imagine I've overlooked something obvious - maybe it is positioning of the 3*ATR line. I just don't know. I used a purchase of PZT (Powershares ETF) on 9/11/2008 as a check to see the line, but it didn't show. Would someone look at the code below and tell me what is wrong with it?
Buy = C > 5.0 AND ROC(C,10) > 0 AND PDI(10) > MDI(10) AND ADX(10)>22 AND C > EMA(C,10) AND EMA(C,10) > EMA(C,20); Sell=0; //Trailing Stop at 7% Loss //ApplyStop(2,1,7,1,False,1); //Equity(1,0); //ThIS EVALUATES STOPS //Plot(Sell==4,"ApplyStop Sell",colorRed,4|styleOwnScale);//4 is for trailing stops //Sell = 1.10*Buy; //Using ATR ApplyStop(2,2,3*ATR(10), 1, False,1) ; Equity(1,0); //ThIS EVALUATES STOPS Plot(Sell==4,"ApplyStop Sell",colorRed,4|styleOwnScale);//4 is for trailing stops //Plot ATR Plot (C-(3*(ATR(10))), "c-3*ATR(10)", colorDarkGreen); Thanks.
