ATR STOP LOSS

• 02/06/2020 at 11:01 AM #118820
  kmilo20000

  Hello,

   

  I have been trying to code an ATR based stop loss, but so far I have not been able to do it. I am now wondering if it is possible at all.

   

  Basically, I just want that, after the conditions are met, the order is open and its stop loss is also created according to the value of 3 times the ATR.

  Stop Loss ATR

  Condition1 = Close[1]> Average[24] IF Condition1 THEN BUY 1 CONTRACTS AT MARKET Endif X=(AverageTrueRange[10](close))*3 SET STOP LOSS X

  1 2 3 4 5 6 7

  Condition1 = Close[1]> Average[24]   IF Condition1 THEN BUY 1 CONTRACTS AT MARKET Endif   X=(AverageTrueRange[10](close))*3   SET STOP LOSS X

   

  I tryed this and it did not work out:Anybody has any ideas?

  

  kmilo20000

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  02/06/2020 at 11:22 AM #118823
  kmilo20000

  Nevermind. I already found the answer here:

   

  https://www.prorealcode.com/topic/atr-stop-loss-query/

   

   

  

  kmilo20000

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  02/06/2020 at 11:36 AM #118824
  robertogozzi

   

  I deleted your duplicate post in the spanish support forum.

   

  1 user thanked author for this post.

  kmilo20000

  

  robertogozzi

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  02/11/2020 at 8:22 PM #119347
  Vonasi

  Topic moved to ProOrder forum as it is a strategy related question and not an indicator related question which is what the ProBuilder forum is for.

  So that is double posting and not posting in the correct forum. It’s a good thing we don’t operate a two strikes and your out policy here! 🙂

  

  Vonasi

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  02/11/2020 at 8:47 PM #119359
  kmilo20000

  Oopss! Sorry!

  

  kmilo20000

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