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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: 357
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