Posts made by bobpoindexter

Thank you very much - that does the trick.
Only limitation with this is that the ATR multiple is hard-coded and can't be used as an input parameter for testing different values.
But nevertheless it achieves the aim. Thank you!

That link describes a formula 'candle close minus ATR'.
How does that make any sense?
I want trade profit = multiple of ATR.

Hello,

How do I set a take profit amount as a function of ATR?
For example Profit = 2*ATR

It should be simple!