ATR Trailing Stoploss Strategy

Zoom Video Communications, Inc.NASDAQ

Description

⋅ Sep 11, 2020 12:23 AM

I am sharing the strategy version of the indicator used before. It is very simple to use.
tr.tradingview.com/script/sLXhpDO8/

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

⋅ Nov 12, 2020 10:30 AM

bugs fix

Average True Range (ATR)Trend Analysis ATR trailing stoploss strategy atrtrailingstoploss atrtrailingstoplossstrategy trailingstoploss atratrailing trailingstop

Comments

Aaniket

⋅ May 28, 2021 3:19 AM

hey ceyhun, could you please explain this strategy in a simple way? I understand that we are multiplying atr value by the multiplier and then using it as a stoploss, but where the highest high being used?
Thanks in advance.

boldaji1350

⋅ Feb 19, 2022 12:30 PM

thanks