@luisjunior1224 Choose "% of Equity 0> Lots" for the simple calculation or if you know your initial SL on trade open, the better way maybe is Risk% of Equity as it takes into account the pip value of the specific currency.
@trader-philipps Hey folks, the AllAverages indicator I posted above was anly showing ATR bands on the current TF. Here is a version that also shows the ATR bands on a higher TF (with higher TF ATR).
You need to calculate that price level first. Then store it into a variable and finally use that variable as your SL level inside the buy/sell now block.
@luisjunior1224 Try forward test! There is a difference. Then. Those drawdawns on that time scale of 8 years, look small. But getting trough them... day by day...