ATR Trailing Stop Level Break
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Hi,
currently testing approaches for open trade to close either by Heiken Ashi or ATR Trailing Level.
thank you.
Because Heiken Ashi sometimes only takes little break and give fakeout exit when trending but setup would still be valid, would like to use combination of both Heiken Ashi and ATR SL.
In picture i use an indicator for ATR SL Exit with 1.5 multiplier. orange and pink lines.
Please use only as guideline idea, might be repainting.In the other picture red and green lines are other indicator for ATR Stop loss calculation.
I've trailing stop feature in fx dreema, but dont want the actual stop loss to trail after price, but rather if the level where ATR SL would be at the moment, if it is broken by price to close by opposite Heiken Ashi Candle.
https://fxdreema.com/shared/aSQCon2sb
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Are you sure you want to use both D+ and D- values? They are terribly repainting!!
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Did test it only medium higher time frame like 30 min other than 5 or 15 min or larger like 1 h. The lagging is ok within the signal of heiken ashi.
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Does the ATR trailing work for break like in the example, but that Stop after at break even it remains there?
