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SafeZone Stop

This object is a Trading Indicator. SafeZone Stop was implemented by Brian Brown on November 20, 2009.
The creation of this Technical Analysis trading indicator needed 1 lines.The coding of this Technical Analysis function demanded one line.
The function name is 'safezone' and it is coded using JScript.Net programming language.
It has 2 inputs. The different arguments are:
lookback (Type: Number - Default Value: 0): Lookback: (Default: 20)
coefficient (Type: Number - Default Value: 0): Coefficient: (Default: 2)

p = safezone(0, 0);

To display the indicator on a chart:
Plot(safezone(0, 0), "SafeZone Stop", colorRed);

Future and Past Bars:
The indicator does not use future bars. It requires no old bars.

Click on this link to download SafeZone Stop

Search terms used to find this trading item include safezone stop, safe zone stop, safe zone indicator, safezone stops, safezone indicator

The trading object is saved under the following categories: Technical Analysis

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