ATR AS A STOP LOSS

[deathkid13]

Hi guys! When I use ATR as a stop loss. Does Custom Price Fraction setting automatically converts ATR into Pips on different pair??? (ATR Value into Pips has different formula based on a Pair)

[ambrogio]

@deathkid13 Since it is a price fraction no needs to be convert. You can check it easily this way

[deathkid13]

@ambrogio oh wow thanks. so I don't need to make a custom code for pip multiplier? I just need to use custom price fraction right?? Thank you very much!!

[ambrogio]

@deathkid13 you're welcome!

[deathkid13]

@ambrogio bro , how about on gold? I want the ATR Value to be multiplied by 2 but in Pips

[ambrogio]

@deathkid13 this code convert price fraction to pips

/MathPow(10,-Digits())/10

[deathkid13]

@ambrogio thanks

[ambrogio]

@deathkid13

[deathkid13]

@ambrogio bro , if I want to use a certain candle High or Low , should I use fraction or level?

[ambrogio]

@deathkid13 price level