The calculation of this ATR is based on the low of yesterday in order to not change continuously during the day.
You can use this indicator to create a trailing stop taking into account volatility on the nATRPeriod previous days.
It also always go up as a trailing stop should. It only goes down the price reaches the trailing stop.
This script creates a stop loss level and then moves it up in 5% increments as prices increase.
Basically, it checks to see if the lowest low of the last 7 days is above a certain level. If yes, it sets the stop at that level. It then checks for the next highest level and keeps going until the price is not above a level. Those variables are then set to the level...
This would be my second ever published strategy. It is almost the same as my first ever published script . I've been working primarily on UGAZ and DGAZ .
This is basically a statistical trade. It buys every morning near market open (or by choosing a "time...
This indicator will calculate your position size, short or long, based on the ATR Trailing Stop indicator of mine, and are needed to be used together. General risk management suggests risking just 1 percent of your equity and using low leverage.
This is based on the Average True Range Trailing Stops Strategy by Sylvain Vervoort, coded on TV HPotter. I have added Bands to see potential short and long stop loss zones before the indicator signals to switch itself, also changed color on the main Trailing Stop based on whether it is short or long, added increased stop loss hunt protection by combining with my...
This is my first strategy ever.
So, I'm having a trouble with the exits and was wondering if anyone could help me out.
The error says that the order's limit was reached. Doesn't matter if I back test it just for one day.
Any ideas on what's going on?