fxcodebase-backup
LeMan Stop
Source: https://fxcodebase.com/code/viewtopic.php?f=38&t=61219
Forum: 38 · Topic 61219 · 1 post(s)
LeMan Stop
Alexander.Gettinger · Mon Sep 22, 2014 11:05 am
Original LUA indicator: viewtopic.php?f=17&t=27929.
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.
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