Question about the “ATR Multiple’s Minimum/Maximum”
1 replies
Karish
7 years ago #116395
Got a question about the “ATR Multiple’s Minimum/Maximum” and other options around it,
If i check the “SL/TP based on: ATR”,
so that means what i put in the “ATR Multiple: Minimum Maximum” will be included to the calculation of the SLs and TPs?,
if i have the minimum value of “ATR Multiple: Minimum” of “0.01” for example and the “ATR Multiple: Maximum” of “20”,
does it mean that the ATR multiplier will be limited to what i set at the “SL/TP” values above?
how does it work it bothers me much this unknown..,
What i’m trying to do is to limit the ATR multiplier just like i limited the SL/TP values above,
i want to generate strategies with SL/TP NOT LOWER THEN 20pips AND NOT HIGHER THEN 200pips with ATR values for SL/TP and as-well as FIXED PIPS values for SL/TP and to be
the question is how do i limit the ATR SL/TP values to follow my rules of min\max?
please explain.., thanks..
tomas262
7 years ago #141828
Hello,
when you choose the ATR SL it follows min/max multiplier range and also the minimum/maximum SL/PT set so it stays inside boundaries defined in pips
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