Wilder Volatility Stop

Optuma General Discussion
1

I love the WVS but I have a question.

If you look at the attached image you will see that the price has pierced the bear stop by a couple of points on the SPI but it has not turned bullish (blue). How much does it have to pierce the level before it changes? There is no available adjustment for this nor do the instructions illuminate this issue.
cheers
Michael

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2

Hi Michael,

Just looking at the code and it has been set to the Close needing to be higher than the level. So in this case, while the level keeps dropping, the close has been dropping faster.

All the best

Mathew