Support Board
Support Board
Search Board
Control Panel
View My Posts / Threads
Direct MessagesDate/Time: Fri, 26 Apr 2024 04:26:03 +0000
Post From: NT Chandelier Stops vs SC Kiwi Trailing Stops Conversion Help
| [2017-10-18 19:13:29] |
| Xfanman1 - Posts: 320 |
|
I've attached 2 charts below. The first one is an SC chart using Kiwi Trailing Stops set to similar values (not identical because they are too far off with the same settings) as the Chandelier Stops on the second chart below which is from NinjaTrader. I've used every trend ATR stop study I could find for SC and none behave in a similar manner to the NT version of the Chandelier study. I've looked at the code of both studies and I'm not skilled enough to rewrite the NT Code and convert it to SC's C++ (although I'm pretty good with ToS Thinkscript I'm new to SC) but I'm wondering if anyone else has tackled this or found a study to more closely behave like the NT implementation? I've searched Google and only found a previous reference or two from a few years back to use the Kiwi Stops and/or SuperTrend. As you can see on the charts below all the ATR stops I've tried paint more of a linear zigzag pattern and the NT dots are more responsive to spikes up and down. In addition, if I set the ATR Multiplier to match on one side of price, the opposing side is always further away and vice versa. This is only critical because the majority of the people I trade with use NT but I've converted many of them to SC recently and having charts that mirror each other as closely as possible is very useful to our trading. Looking for User Feedback if anyone can point me in the right direction. I realize I could try to find a programmer to recode this but thought I'd try this approach first. Thanks much...Scott |
 SC Kiwi Trailing Stops.PNG / V - Attached On 2017-10-18 19:12:12 UTC - Size: 60.86 KB - 1016 views NT Chandelier Stops.PNG / V - Attached On 2017-10-18 19:12:23 UTC - Size: 109.72 KB - 1020 views |