Support Board

Date/Time: Thu, 16 May 2024 09:30:07 +0000

Post From: ATR Profit taking

[2020-06-12 12:40:02] Link To Thread - Link To Post [Go To First Post]
Matt NL - Posts: 91
Maybe this should be a study request. Name: "ATR Trade Manager" Input: ATR Length, Stop loss ATR, Profit take ATR So inputs could be, 14, 1, 3 for example (14 period ATR, with a 1:3 Risk/Reward) Then the study would continuously compare the "last price" with "average open price". So if your position is 3 contracts, it would take the average you paid for them 3 contracts and base the ATR P/L from that price. Thank you!