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Charting and Studies User Guide - CQG.com

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Volatility Stop (VolStp)<br />

Page 335<br />

The Volatility Stop study sets stop values based on previous prices <strong>and</strong> the ranges of prior bars,<br />

giving the user great flexibility in calculating stop targets. The stops are calculated by adding<br />

the smoothed moving average of the ranges of the previous bars. The system gives sell stops<br />

by adding a moving average of the ranges of the previous bars to the lowest close. Likewise, it<br />

gives buy stops by subtracting the moving average from the highest close.<br />

<strong>Charting</strong> <strong>and</strong> <strong>Studies</strong> <strong>User</strong> <strong>Guide</strong>

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