Stop Loss Indicator by Eric Kendall Metastock Indicators Forex Trading Systems - XEATrade - Metatrader, Metastock, Tradestation, Amibroker

Stop Loss Indicator 
periodsshort:=Input("periods if short",1,50,10);
periodslong:=input("periods if long",1,50,10);

HHV(H,periodsshort)-atr(periodsshort);
{stop loss level for short positions}
LLV(L,periodslong)+ATR(periodslong);
{stoploss level for long positions}

Author/Source: http://www.guppytraders.com

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