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ceyhun

ATR Trailing Stoploss Strategy

ceyhun Updated   
Average True Range (ATR) Trend Analysis ATR trailing stoploss strategy atrtrailingstoploss atrtrailingstoplossstrategy trailingstoploss atratrailing trailingstop
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averagetruerange trendanalysis atr trailing stoploss strategy atrtrailingstoploss atrtrailingstoplossstrategy trailingstoploss atratrailing trailingstop
I am sharing the strategy version of the indicator used before. It is very simple to use.
ATR Trailing Stoploss


These are the settings I use, you can change, test and use as you wish.
Atr Period 5
Highest High Period 10
Multiplier 2.5


It can generate more signals in shorter time frames.
The success rate will be higher in longer time frames.

Release Notes:
bugs fix
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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