Placing Stops

 
Hi,
Probably a stupid question,but............
Could somebody tell me how to define Stoploss as 2/3 of the 7 day average daily range.

Thanks,

Ed.
 
Stop_in_Pips = NormalizeDouble(2/3*iATR(NULL,1440,7,1)/Point, 0);

Hope this helps. I did not test it, but I think you can make it work.
Reason: