This is an indicator built with ATR around a moving average, like a cloud.
You’ll need 2 indicators : Delta-Cloud (main one) and the Trailing stop ATR indicator which is necessary for calculation.
|
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 |
// Kevin Britains work x = 10 a = AverageTrueRange[14](close) up = low + (x+a) dn = high - (x-a) once trend=1 if high > up[1] then trend=1 elsif low < dn[1] then trend=-1 endif if trend<0 and trend[1]>0 then flag=1 else flag=0 endif if trend>0 and trend[1]<0 then flagh=1 else flagh=0 endif if trend>0 and dn<dn[1] then dn=dn[1] endif if trend<0 and up>up[1] then up=up[1] endif if flag=1 then up= low + (x+a) endif if flagh=1 then dn= high - (x-a) endif if trend=1 then super=dn else super=up endif return super as "Trailing Stop ATR" |
and the main indi :
|
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 |
// Cloud Trend // Kevin Britains Trend1 = ExponentialAverage[75](close) Trend2 = CALL "Trailing Stop ATR"[5] if Trend1 > Trend2 then CloudUpper = Trend1 endif if Trend2 > Trend1 then CloudUpper = Trend2 endif if Trend1 < Trend2 then CloudLower = Trend1 endif if Trend2 < Trend1 then CloudLower = Trend2 endif return cloudUpper AS "DELTA UPPER",CloudLower AS "DELTA LOWER" |
Share this
No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.
ProRealTime ITF files and other attachments :
Filename : download the ITF files
Find other exclusive trading pro-tools on 
PRC is also on YouTube, subscribe to our channel for exclusive content and tutorials
More code that just throw up loads of errors…
Here’s one:Error in the indicator: Trailing Stop ATRSyntax error: The function “Trailing Stop ATR” called from “Trailing Stop ATR” is called with 1 parameter(s) instead of 0 expected.
What is x?
What is a?
It looks like this if you try and open the itf on a Macbook:
êˆìûxçÆéÑòœdÙñÓœÎ≈ÈeÁÄ¢q¿Íl∆Ω¯r<Uf –πß˝|∞˙<Ã5oÚ7rE≤l(Qz<p•M,j.¯Ÿü›@∑ KòùÙ¬Sƒ2å:*`⁄ÜüÍᡪoÒ˜É)ÍFóF¨xíwîHm{:aΩyóCUn£@”_ j_ı`Ó[¸»b¯e~ê˧ó!gŒ:´ãüâ*N-¡õ—∏g1Z ]˙?
ITF files are made to be imported directly into the platform with the prorealtime tools embedded in. Sorry, it is x=10 not p. I fixed this syntax error in the code above.