best indicator for stop loss?
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hello
i am looking for help regarding this issue..that i want to set stopp loss that finally break through into entry price...?
i tried PSAR but they are set too far away and dont normally breakthrough..what indicator will be best for breatkthrough stopp loss..will ATR work for it if so how? -
@alivex Maybe, is a personal choice, this link will show how to use ATR: https://fxdreema.com/forum/topic/12802/atr-pips
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@alivex A possible option is using a moving avarage, but you need to be careful tith the selected period. Results can be very different so you need a lot of backtest.