Forex Software — Trailling Stop & Profit based on ATR/Volatility

Re: Trailling Stop & Profit based on ATR/Volatility

null@example.com (Opioid) — Tue, 12 Jan 2010 18:44:51 +0000

That would be great, I am looking forward to this.
Maybe it could also be implemented into the optimizer tool, to
test verious settings.

Re: Trailling Stop & Profit based on ATR/Volatility

null@example.com (Popov) — Tue, 12 Jan 2010 15:59:24 +0000

I think to add these options to Trailing Stop's initial value:
- fixed pips (like now);
- previous low
- pre-previous low
- ATR * multiplier

The same also for Stop Loss and Take Profit

Re: Trailling Stop & Profit based on ATR/Volatility

null@example.com (Opioid) — Tue, 12 Jan 2010 14:14:05 +0000

Would it be very difficult to add this as an option for fixed Stop Loss?
This could fit the SL to the actual market conditions and could be an improvement for
various strategies, especially when a sophisticated Trade Exit Strategy is used, too.

Re: Trailling Stop & Profit based on ATR/Volatility

null@example.com (Popov) — Tue, 12 Jan 2010 06:54:21 +0000

You can try "ATR Stop". It calculates ATR for a specific period, multiplies it with a chosen multiplier and uses the found level as a fixed SL to a position.

There are no options for trailing ATR or for ATR take profit.

Trailling Stop & Profit based on ATR/Volatility

null@example.com (zuijaideai) — Tue, 12 Jan 2010 00:16:10 +0000

Hi,

Do you know how to create the strategy where similar like the trailing stop loss & take profit level which are based on the ATR/Volatility and some multiplier instead of a fixed number? So when the volatility is high the limit band will expand, and while volatility is low it will contract.

Thanks

Danny