An update for this algorithm is currently pending moderation. Please revisit this page shortly to access the algorithm's latest version.
Description
You can use this indicator to find a good stoploss level.
Parameters
- Multiplier - default = 1.5
- Length - ATR Length, default = 14
- Smooth MA Type - Moving Average Type, default = simple
Outputs
- Upper - suggested stoploss price for a short trade
- Lower - suggested stoploss price for a long trade
Calculations
- Upper = high + mult * atr
- Lower = low - mult * atr
SO
soskrr
Joined on 20.08.2023
- Distribution: Free
- Language: C#
- Trading platform: cTrader Automate
- File name: ATRSL.algo
- Rating: 0
- Installs: 702
- Modified: 17/03/2024 22:47
Note that publishing copyrighted material is strictly prohibited. If you believe there is copyrighted material in this section, please use the Copyright Infringement Notification form to submit a claim.
Comments
Log in to add a comment.
No comments found.