visualization of changeable trailing stops with pivot highs/lows.


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Hi Pete, hope you continue to do well in your recovery.

A few weeks ago you helped me put pivot highs and lows on my charts using Williams Fractals- thanks again for that.

I’d like to do a couple of things with trailing stops using %’s. would there be a way to put the % of change shown as a text value on a pivot high indicator showing the increase % from the previous pivot low? Of course I would also like to see the % decrease on pivot lows from the previous pivot highs.

But I also want to see how trailing stops of different percentages look like on the chart so I can come with a decent exit point using those trailing stops. I have a feeling this may be a bit more complicated. it seems like it would always have to be associated with the previous pivot high or low.

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Posted by (Questions: 4, Answers: 7)
Asked on September 14, 2019 9:15 am
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Yep, this solution is far more complex than what I can provide at no charge in the Q&A forum. You are welcome to submit this as a custom project request. Rates and other details are explained here. Just fill out the contact form to submit your project request: https://www.hahn-tech.com/about/
( at September 14, 2019 10:11 am)
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thanks Pete, let me tone this down a bit. would there be any way to put in a line similar to any MA but equates to a 10% below the high?
( at September 15, 2019 10:06 am)
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Based on additional feedback in the comments section:

would there be any way to put in a line similar to any MA but equates to a 10% below the high?

I'm not sure if this is what you had in mind. But the simplest solution is:

plot trailingHighs = high * 0.9;

plot trailingLow = low * 1.1;

This is going to plot a continuous line, like a moving average. The value is based on the high or low of each bar and not on the high or low that is marked as a swing high/low by the WilliamsFractal pattern.

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Posted by (Questions: 37, Answers: 4079)
Answered on September 15, 2019 10:14 am