'*********************************************************************** '* Advanced Inactivity Stop '* by Jeremy Williams '* February 21,2006 '* '* Summary: '* '* This stop sends an exit signal when price movement over '* a set lookback period is less than a predetermined threshold. '* '* Parameters: '* '* Duration: The number of lookback periods used to determine '* activity of the stock. '* '* Activity_Level: The number of ATRs the stock must move within '* the duration '* '* ATR_Period: Number of periods used in the calculation of ATR '* '*********************************************************************** #Stop #Param "Duration",10 #Param "Activity_Level",2 #Param "ATR_Period",20 dim myHigh as single dim myLow as single dim myATRs as Single myATRs = Activity_Level * ATR(ATR_Period) ' Get net activity, highest highs, and lowest lows myHigh = HHV(Duration) myLow = LLV(Duration) If myHigh - myLow < myATRs then ' If activity level is less than specified send exit Signal = ExitSignal end if