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Trailing Stop - ATR

Last Post 05-29-2009 06:22 PM by Bryan Bonner. 1 Replies.

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wanderson lage

New Member
Posts:1

05-20-2009 10:18 AM
How to write the code of a trailing stop based on ATR. example: if prices reach a level of (X) ATR will be to stop the (Y) ATR below the price. Continuing: If the price reaches a level of (x1) ATR the stop (Y1) ATR to be below the price. Can you give me an example please?

Bryan Bonner

New Member
Posts:17

05-29-2009 06:22 PM
When you say "prices reach a level of (X) ATR" what do you mean? Do you mean they move that much from the open? Do you mean they move that much from the entry price? Or something else?

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