Page 1 of 5

Wilders Trailing Stop indicator

PostPosted: Fri Nov 29, 2013 3:39 pm
by Alexander.Gettinger
Original LUA indicator: viewtopic.php?f=17&t=60028.

Formulas:
WTS[i] = Max(WTS[i-1], Close[i]-loss), if Close[i]>WTS[i-1] and Close[i-1]>WTS[i-1],
WTS[i] = Min(WTS[i-1], Close[i]+loss), if Close[i]<WTS[i-1] and Close[i-1]<WTS[i-1],
WTS[i] = Close[i]-loss, if Close[i]>WTS[i-1],
WTS[i] = Close[i]+loss, in other cases, where
loss = Coeff*ATR,
ATR - Average True Range with Period.

Wilders_Trailing_Stop_MQL.PNG


Download:
Wilders_Trailing_Stop.mq4
(1.75 KiB) Downloaded 2047 times

Wilders_Trailing_Stop_MTF.mq4
(3.28 KiB) Downloaded 1451 times

Wilders_Trailing_Stop_dashboard.mq4
(11.23 KiB) Downloaded 1432 times

Wilders Trailing Stop MTF Alert.mq4
(28.01 KiB) Downloaded 637 times

Re: Wilders Trailing Stop indicator

PostPosted: Mon Nov 03, 2014 5:29 am
by Apprentice
A.K.A. Average True Range Trailing Stops

Re: Wilders Trailing Stop indicator

PostPosted: Wed Mar 07, 2018 11:22 am
by sathistrader
can you make mtf for this indicator (including custom time frame to use in offline chart)

Re: Wilders Trailing Stop indicator

PostPosted: Fri Mar 09, 2018 6:32 am
by Apprentice
Your request is added to the development list under Id Number 4066

Re: Wilders Trailing Stop indicator

PostPosted: Tue Mar 13, 2018 6:03 am
by Apprentice
Wilders_Trailing_Stop_MTF added.
Did you mean a multi-timeframe dashboard?

Re: Wilders Trailing Stop indicator

PostPosted: Thu Mar 15, 2018 2:04 pm
by Apprentice
Wilders_Trailing_Stop_dashboard.mq4 added.

Re: Wilders Trailing Stop indicator

PostPosted: Sun Jun 28, 2020 10:28 am
by evansrono
Hi,

Could the Wilders Trailing Stop MTF indicator have alert notification options(sound,email,phone) whereby, a change of direction in the current (eg.H1) timeframe AND close of the lower timeframe (M15) candle in that direction creates an alert.

Re: Wilders Trailing Stop indicator

PostPosted: Mon Jun 29, 2020 7:13 am
by Apprentice
Your request is added to the development list.
Development reference 1584.

Re: Wilders Trailing Stop indicator

PostPosted: Tue Jun 30, 2020 3:59 am
by Apprentice
Wilders Trailing Stop MTF Alert.mq4 added.

Re: Wilders Trailing Stop indicator

PostPosted: Tue Jun 30, 2020 5:28 am
by evansrono
Well.. that was fast. Thankyou Apprentice.