OPEN-SOURCE SCRIPT

BEST ATR Stop Multiple Strategy

32 294
Hello traders

Here we go again.... with another strategy snippet.
Reminder: it's an alternative of this Trailing Stop strategy script

Entry logic

The entry is based on a Simple Moving Averages (SMA) cross.
This part doesn't matter here - as I wanted to focus on the ATR multiple stop loss component.

ATR STOP

This strategy snippet uses an entry stop loss defined based on a multiple of the average true range value.
The soure code detects ATR value at entry price, applies the multiplier and will set a static (= non trailing) stop-loss to each position
A pinescript v4 label will appear for each new signal displaying the ATR*multiplier value at signal time

All the BEST
Dave

免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。