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ATR based stop not working

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ProOrder: Automated Strategies & Backtesting
ATR based stop not working

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Posts
04/15/2024 at 11:15 AM #231522 quote

john1977
Participant

New

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

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

robertogozzi
Moderator

Legend

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?
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ATR based stop not working

ProOrder: Automated Strategies & Backtesting

New Reply

Author

john1977 @john1977 Participant

Summary

This topic contains 1 reply,
has 2 voices, and was last updated by robertogozzi
2 years, 5 months ago.

Topic Details

Forum:	ProOrder: Automated Strategies & Backtesting
Language:	English
Started:	04/15/2024
Status:	Active
Attachments:	No files

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ATR based stop not working

Stuck on this ProBuilder code?

ATR based stop not working ProOrder: Automated Strategies & Backtesting

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ATR based stop not working

ProOrder: Automated Strategies & Backtesting