Topic: ATR Trailing stop issue
In one of my strategies I try to use ATR Trailing Stop, and the issue that it is not always working: sometimes it is below and sometimes above the price line, and when it is e.g. above the price in a Long position, there is no SL activated even if the price sharply goes down.
I always thought that ATR Trailing is calculated as "price - (or: + for S) ATR (multiplier, period)", and moved only in one direction (i.e only increased for L). But it is not what I see on the chart...
I attach a zip file with screen shot, the data and the formula, and woud be grateful for any help.