ATR for SL and TP, Risk differences
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Hi, How can I make the TP and SL multiplier for ATR adjustable? I tried to add variable/constants but I cant seem to make it work. Can I also know the difference between risk % of balance and % of balance? my ea
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@l-andorrà @jstap how do I solve this please? I want to be able to adjust the TP and SL multiplier of ATR. so sorry for the 2 different post
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@l-andorrà @jstap also do not know why it opened 2 buy orders here when it is red
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Have never used custom price fraction as SL & TP, you may need to use the current price, then +iATR(NULL,0,14,1) or -iATR(NULL,0,14,1)in adjust.
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@jstap I see. Last time I asked here on how to use atr for SL and TP and someone said to use custom price fraction. sorry im still new to use fxdreema but what do you mean by current price and +iATR? and also how do I set it so that the atr multiplier is adjustable?
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ATR is a price fraction, I have never used it like this, if you use what I put above in the adjust field, then it will add or minus the ATR pip value to the current price, candle ID0 close
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@jstap how do I set it to current price and adjust the field? sorry, I am just not sure on how to do it. also can you please explain to me the difference between % of balance and risk % of balance?
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As I put above, candle ID0 close as stop, adjust by the ATR code I put above.
