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LeMan Stop

Source: https://fxcodebase.com/code/viewtopic.php?f=48&t=65220
Forum: 48 · Topic 65220 · 1 post(s)


LeMan Stop

Alexander.Gettinger · Sat Oct 28, 2017 9:19 am

Formulas: LeMan Stop[i] = Open[i-1]-CoeffMVA(HO, Length), if dMA>0, LeMan Stop[i] = Open[i-1]+CoeffMVA(OL, Length), if dMA<0, where HO = High-Open, OL = Open-Low, dMA = FastMA-SlowMA, FastMA - MA(Close) with [Fast_MA_Length] number of periods and [Fast_MA_Method] type, SlowMA - MA(Close) with [Slow_MA_Length] number of periods and [Slow_MA_Method] type.

Leman_Stop_JS.PNG

Download:

LeManStop_JS.jsl