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Published:

2018.08.23 12:46

Trend_Trail_Indicator.mq5 (11.88 KB) view

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Trend Trail displays possible TrailingStop level by trend.

It has two configurable parameters:

ATR period - ATR calculation period
Multiplier - sensitivity ratio

It can be used as a recommended position stop loss level

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/21418

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