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Subject: Trailing Stop - ATR

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ddeus
Posts:1

05-20-2009 10:18 AM Alert 
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?
bryanbonner
Posts:20

05-29-2009 6:22 PM Alert 
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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