ATR STOP NOT WORKING

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    Posts
  • 04/15/2024 at 11:16 AM #231523 quote
    john1977
    Participant
    New

    WHAT APPEARS TO BE WRONG WITH THIS CODE NOT WORKING? THANKS FOR THE 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 2:58 PM #231535 quote
    JS
    Participant
    Senior
    Hi,

    ATR-Length => ATRLength

    Buy at Market => Buy x contract at Market

    SellShort at Market => SellShort x contract at Market

    ATRValue=valuewhen(1,ATR) => this is no PRT code…???

    SET STOP PTRAILING TRAILING Ptrailing ATR_Value * 1.5 => Set Stop PTrailing x

    (x = atr * 1.5)

    04/15/2024 at 3:03 PM #231536 quote
    JS
    Participant
    Senior
    ATR = AverageTrueRange(ATR_Length) => ATR=AverageTrueRange[ATRLength](Close)
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ATR STOP NOT WORKING


ProRealTime platform support

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john1977 @john1977 Participant
Summary

This topic contains 2 replies,
has 2 voices, and was last updated by JS
1 year, 9 months ago.

Topic Details
Forum: ProRealTime platform support
Language: English
Started: 04/15/2024
Status: Active
Attachments: No files
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