Mod_ATR_Trailing_Stop – indicator MetaTrader 5

Mod_ATR_Trailing_Stop - indicator for MetaTrader 5
The indicator displays possible StopLoss levels on the price chart. Levels are shown separately for Long and Short positions. It has two parameters: Period – calculation period; Coefficient – distance from the price. Calculation: If Close[i] < TS[i-1] and Close[i-1] < TS[i-1] TS[i] = Min(TS[i-1], Close[i] + loss) Если Close[i] > TS[i-1] TS[i] = Close[i] … Read more