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Basic ATR based take and stop expert adviser - expert for MetaTrader 4

Kenneth Parling | English Español Português 日本語 Deutsch

Views:
3959
Rating:
votes: 12
Published:
2020.03.14 13:47

With this template i'm demonstrating the use of Average True Range based take profit and stop loss levels. Take profit and stop loss levels are calculated using ATR factor multipliers.

It's not recommended to use this template for trading purpose as is because there are no entry rules at all - this is only a demonstration of how it works. But if you take a moment and think....you can use pieces of my other source codes and put something together of your own and there are a few to choose from.

For example you have my other source codes to chose from;


Advisers settings

ATR_template_settings

    Trend flex x 2 Trend flex x 2

    Trend flex x 2 (metatrader 4 version)

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