# Price proximity to ATR Trailing Stop

#### dhman06

##### New member
Hoping someone can help me with this request: I have this ATR stop script that I found online and works great for my trading style. I'm trying to add a logic to this code that would show me how close the price is to the ATR Stop; which is being defined as "trail" here I think. I tried adding an input and tried to define it as a percent of the trail value, but it's giving me a constant value.

Code:
``input Percent_Near_VStop = 3; def Avg_Above_VStop = trail * (Percent_Near_VStop/100); plot VStopProximity = Avg_Above_VStop;``

If someone can help me figure out how to make it to work that'd be greatly appreciated. Essentially I'd like to be able to say the VSTOP is within X% of the price and if it is I'd like to plot it.

Code:
``````#ATR Calculation
input ATRPeriod = 10;
input ATRFactor = 1.5;
input firstTrade = {default long, short};
input averageType = AverageType.SIMPLE;

Assert(ATRFactor > 0, "'atr factor' must be positive: " + ATRFactor);
def trueRange = TrueRange(high, close, low);
def loss = ATRFactor * MovingAverage(averageType, trueRange, ATRPeriod);

def state = {default init, long, short};
def trail;
def mclose;
switch (state[1]) {
case init:
if (!IsNaN(loss)) {
case long:
state = state.long;
mclose = close;
trail =  close - loss;
case short:
state = state.short;
mclose = close;
trail = close + loss;
}
} else {
state = state.init;
trail = Double.NaN;
mclose = Double.NaN;
}
case long:
if (close > trail[1]) {
state = state.long;
mclose = Max(mclose[1], close);
trail = Max (trail[1], mclose - loss);
} else {
state = state.short;
mclose = close;
trail = mclose + loss;
}
case short:
if (close < trail[1]) {
state = state.short;
mclose = Min(mclose[1], close);
trail = Min(trail[1], mclose + loss);
} else {
state = state.long;
mclose = close + 0;
trail =  mclose - loss;
}
}

#AddLabel(StopLabel, "ATR Stop =" + Round(trail[1], 2), color = Color.BLUE);
plot TrailingStop = trail;``````

Last edited by a moderator:

#### dhman06

##### New member
Anyone have any pointers?