Home | Trading Alchemy Manual | Alchemy Functions IndexAlchemyVolatilitySignal (Function)AlchemyVolatilitySignal is a multiple-output function that provides the entry signals of the AlchemyVolatilityEntryExit strategies. AlchemyVolatilitySignal (VolatilePrice,VolatileLength,VolatileAvgType,VolatileFact,UseCloseStop,StopPrice) Parameters
|
| VolatilePrice(numericseries) | Specifies the price to be used for the volatility calculation such as truerange, for example |
|
VolatileLength(numericsimple) |
Specifies the trailing bars to consider in the volatility calculation. |
| VolatileFact(numericsimple) | Specifies the volatility multiplication factor. |
| UseCloseStop (numeric) | Specifies whether the trailing stop needs to be taken out by the close of a bar or by the high of a bar in a down trend and by the low of a bar in an up trend in order to change trend. A value of 1 uses the close of a bar and a value of 0 uses the high/low of a bar. |
|
StopPrice(numericref) |
A numeric reference that receives the stop order price. |
ReturnsThe AlchemyVolatilitySignal function returns 1 when the AlchemyVolatilityEntryExit strategies generate a buy stop order and it returns -1 when the AlchemyVolatilityEntryExit strategies generate a sell stop order. Home | Trading Alchemy Manual | Alchemy Functions Index |