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Indicators

Trend_Trail_Indicator - indicator for MetaTrader 5

Views:
5214
Rating:
(13)
Published:
2018.08.23 12:46
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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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