Atr trailing stop mql
If you are looking for ways on how to place trailing stops or what type of MT4 indicators to use for your trailing stops, then try this Average True Range Trailing Stop Mt4 Indicator. Show The good thing with this indicator is that your trailing stop is placed as far away from the market price that you have less chance of your trailing stop getting hit. Why?I think it is because it calculates and plots these dots where you can use as a guide to place your trailing stop based on the Average True Range of x number of days.It is a useful tool if you are one of those traders that like to keep your trades running for a very long timeespecially if you are a swing trader. How To Use The Average True Range Trailing Stop Mt4 Indicator
Average True Range Trailing Stop Mt4 Indicator SettingsOk, I got to be honest with you, I havent played around with the settings of this indicator. As a matter of fact, if you look at the Inputs tab above, you dont see a lot of things to change there either:
ATR Trailing Stop MT4 Indicator Download Link Ok trading folks, heres the download link: ATRTrailStop_v3 |