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Indicators: SL_ATR

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Automated-Trading
Admin
107756
Automated-Trading  

SL_ATR:

The indicator creates areas of preferable stop-losses location for long and short positions at any time.

Author: Nikolay Kositsin

SL_ATR

toddanderson
495
toddanderson  
This looks like a nice indicator, was their ever a mt4 version ?
Simonas Aukscionis
657
Simonas Aukscionis  
Distance 1*ATR from bar`s high or low is too small for setting valid stop losses. Bars sometimes cross this level, you need to set it minimum like 2.5-3*ATR.
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