ATR based stop not working

• 04/15/2024 at 11:15 AM #231522
  john1977

  WHAT APPEARS TO BE THE PROBLEM WITH THIS CODE ? THANKS FOR ANY HELP

  // Calculate the Average True Range (ATR)
  ATR_Length = 14
  ATR = AverageTrueRange(ATR_Length)

  indicator1 = supertrend[Multiplier, Length]

  if close crosses over indicator1 then
  buy at market
  endif

  if close crosses under indicator1 then
  sellshort at market
  endif

  set target pprofit 50
  set target pprofit 12 // Profit target of 12 points

  // Set stop loss at 1.5 times ATR
  ATR_Value = valuewhen(1, ATR)
  SET STOP PTRAILING TRAILING Ptrailing ATR_Value * 1.5

  

  john1977

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  04/15/2024 at 3:58 PM #231546
  robertogozzi

  It seems to be written in another language other than PRT’s at least some parts of it.

  Can you post a link to that code, with some details?

   

  

  robertogozzi

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