ATR Stop
 

Short Name: atrStop

Definition: Average True Range Trailing Stop, a stop gap utility.

Usage: atrStop(period,multiple)

Objective:
  • Compute the ATR Trailing stop values based on the period and the multiple parameters.
  • Returns an array of values.

Note:
  • Period is usually 5
  • Multiple is usually 3

Examples:
  • atrStop(5,3)