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PriceChannel_Stop

This is a discussion on PriceChannel_Stop within the Trading tools forums, part of the Trading Forum category; Originally Posted by igorad Hi thor68, You can use the Risk parameter instead of the Multiplier but please remember the ...

          
   
  1. #41
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    Quote Originally Posted by igorad View Post
    Hi thor68,

    You can use the Risk parameter instead of the Multiplier but please remember the Risk is the Price Channel margin factor:

    upband = upmax - (upmax - lomin)*Risk
    loband = lomin + (upmax - lomin)*Risk

    where upmax is upper band of the price channel and lomin - lower band.


    Regards,
    Igor
    Thanks

    Would a 2 as Multiplier be the same as 2 on the Risk Input then? If not what would be then?

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    Igar:

    Can you answer question?

    I put 1 in and get a bug in the file I believe, it plots random dots.

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    Quote Originally Posted by thor68 View Post
    Igar:

    Can you answer question?

    I put 1 in and get a bug in the file I believe, it plots random dots.
    Hi thor68,

    I suppose you saw the up/loband formulas in my previous post? It's normally to use Risk=0 or a bit larger (eg. 0.3) for more sensitive signals.

    Regards,
    Igor

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    Igor:

    Could you update both versions of this with latest prices to be in line with Volty Channel 6.7?

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    Quote Originally Posted by thor68 View Post
    Igor:

    Could you update both versions of this with latest prices to be in line with Volty Channel 6.7?
    I've re-sent this request to Igorad.
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    Quote Originally Posted by newdigital View Post
    I've re-sent this request to Igorad.
    Any updates on this?

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    Quote Originally Posted by thor68 View Post
    Igor:

    Could you update both versions of this with latest prices to be in line with Volty Channel 6.7?
    I will remind to Igorad now but ... which two versions (link to indicators)?
    because I am sending the link to the post with the request together with the link to indicatiors for example ...
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    Quote Originally Posted by newdigital View Post
    I will remind to Igorad now but ... which two versions (link to indicators)?
    because I am sending the link to the post with the request together with the link to indicatiors for example ...
    Regular(9.3) and Histrogram(9.3) versions

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    Quote Originally Posted by thor68 View Post
    Regular(9.3) and Histrogram(9.3) versions
    Yes, reminded one more time.
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    Quote Originally Posted by thor68 View Post
    Igor:

    Could you update both versions of this with latest prices to be in line with Volty Channel 6.7?

    Hi thor68,

    Please check out the updated PriceChannel_Stop indicators with the new set of prices and the new parameter CountBars.

    PriceChannel_Stop-pricechannel_stop_v9.4-600-.png


    Regards,
    Igor
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