DBS-BREAK

Type : Indicator, Name : DBS-Break

Inputs: Ceil(60), Flr(20);

Vars: X(0), Y(0), ZDelta(0), VarA(0), VarB(0), OldVarA(0),
EntryL(0), EntryS(0), ExitL(0), ExitS(0);

Y = X;
X = Stddev(Close, 30);
ZDelta = (X — Y) / X;

If CurrentBar = 1 then
VarA = 20;

OldVarA = VarA;
VarA = OldVarA * (1 + ZDelta);
VarA = MaxList(VarA, Flr);
VarA = MinList(VarA, Ceil);
VarB = VarA * 0.5;

EntryL = Highest(High, VarA);
EntryS = Lowest(Low, VarA);
ExitL = Lowest(Low, VarB);
ExitS = Highest(High, VarB);

Plot1(EntryL, «EntryL»);
Plot2(EntryS, «EntryS»);
Plot3(ExitL, «ExitL»);
Plot4(ExitS, «ExitS»);